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World

A windfall tax would only hurt our weakened economy

9 April 2021

3:30 PM

9 April 2021

3:30 PM

The calls for tax hikes is ramping up. Last December the Wealth Tax Commission recommended a ‘one-off’ 5 per cent levy on the assets of Britain’s wealthy to pay for the growing costs of Covid-19. In January Oxfam followed suit, using its yearly inequality report to call for big taxes on wealth and high incomes.

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