A wealth tax could raise as much as £55bn - but is it really the answer?
A wealth tax could raise as much as £55bn - but is it really the answer? Our friends at Tortoise are hosting an all-day summit on the Future of Money this coming Thursday. They’ve opened up the exclusive event to a small number of City A.M. readers, who can register here with the code GUESTOFCITYAM. Here, Tortoise’s Kim Darrah and Giles Whittell look at what a mooted wealth tax could mean for the UK’s most prominent business figures… The idea of taxing assets as opposed to income normally gets short shrift in the UK, but these aren’t normal times. Budget day is t...
Source: cityam.com