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The Guardian

Labour MP defends chancellor’s refusal to bring in wealth tax

The Guardian on
Labour MP defends chancellor’s refusal to bring in wealth tax



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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Tags : The Guardian

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