UK opposition hints at wealth taxes on shareholders and landlords | Malay Mail

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BRIGHTON, Sept 26 — Britain’s opposition Labour Party hinted today at new taxes on wealth, identifying landlords and shareholders as possible targets if it won power at the next election. Labour’s would-be finance minister Rachel Reeves used an interview before her speech at the party’s...

BRIGHTON, Sept 26 — Britain’s opposition Labour Party hinted today at new taxes on wealth, identifying landlords and shareholders as possible targets if it won power at the next election.

“I do think that people who get their income through wealth should have to pay more,” Reeves told the, specifying “people who get their incomes through stocks and shares and buy-to-let properties”. But the Covid-19 panic has forced his centre-right government to rapidly increase government spending and rack up debts that are likely to take generations to pay off.“We should use the tax system to ask those with the broader shoulders to contribute more,” she added.

 

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