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Labour add to growing calls for a wealth tax

News Team, 06/10/2020

The Labour Party have thrown their support behind a future wealth tax, but appear to have learnt from the mistakes of the radical tax policies of the previous administration, according to tax and advisory firm Blick Rothenberg.

Unlike the previous party conference where the former shadow chancellor John McDonnell promised 45 percent income tax for those earning more than £80,000, the re-introduction of the 50 percent income tax rate and alignment of capital gains tax to income tax, Sir Keir Starmer and Anneliese Dodds have kept their cards close to their chests.

Blick Rothenberg chief executive Nimesh Shah said: “Lab...


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