Tax News from Tax Justice UK 🇬🇧
There never seems to be a dull moment when it comes to tax issues these days. Last week alone, we saw a series of revelations about politicians’ finances that grabbed headlines. But beyond the personal dramas, the real story is our dysfunctional tax system. Angela Rayner, former Labour Deputy Leader, Continue Reading
MPS REBEL ON BENEFIT CUTS ✂️ PREFERING WEALTH TAX INSTEAD
Up to 100 Labour MPs are considering rebelling over cuts to social security for people with disabilities, expressing concerns about the scale and pace of the cuts. The government plans to cut £5 billion from Personal Independence Payments (PIP), an in-work payment that supports people to cover the extra costs Continue Reading
HOW A ‘WEALTH TAX’ MIGHT WORK
How a wealth tax might function in practice Last week, Peter Lamb MP wrote an article about some of the practical aspects. He was proposing alternatives to welfare cuts, emphasising the importance of understanding how a wealth tax would function. Who would pay for it? Only a small group of Continue Reading
