Burnham Wealth Tax Proposals Seen as Risking Economic Growth
Business groups warn that proposed wealth tax increases under Andy Burnham's leadership could harm Britain’s economy and deter investment. Calls to raise capital gains tax from 24% to up to 45%, along with an 'exit tax' on investors leaving the UK, have drawn criticism for potentially undermining business confidence.
Topics: Capital Gains Tax (CGT) Economic confidence Entrepreneurship Wealth taxes