MPs Back Wealth Tax
This is a Britain news story, published by Guardian, that relates primarily to Rachel Reeves news.
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wealth taxGuardian
•Cross-party MPs urge Reeves to impose 2% tax on wealth above £10m
70% Informative
Cross-party group of 30 MPs has urged Rachel Reeves to impose a wealth tax on Britain ’s rich.
They say she could raise 24bn a year from a 2% tax on wealth above 10 m.
Reeves is exploring ways to raise billions of pounds extra in taxes at the budget to plug a shortfall in the government finances worth 40bn .
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