Swansea West MP Torsten Bell says such a tax would not raise ‘significant revenues’ One of Labour’s new MPs has defended the decision by the chancellor, Rachel Reeves, to rule out a wealth tax, claiming it would not have much of an impact.Reeves has previously rejected calls for the tax as a solution to what she says is the £22bn shortfall that is blighting public finances. Continue reading…
Source link : https://www.theguardian.com/politics/2024/oct/05/labour-mp-torsten-bell-defends-chancellor-refusal-to-bring-in-wealth-tax
Author : Cash Boyle
Publish date : 2024-10-05 14:58:31
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Labour MP defends chancellor’s refusal to bring in wealth tax
