Tim Worstall Now, where did Wes Streeting get this idea from? And where, come to that, did his estimate of the tax that it might raise come from?
It so happens that the £12 billion figure that he refers to is exactly the sum that I proposed might be raised as a result of the equalisation of income tax and capital gains tax rates in the Taxing Wealth Report.
Might it be that Wes Streeting’s advisers have been reading my work?
It’s from Advani and Summers at CenTax. Shitty, horrible, work but that’s the source.
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