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Labour’s Wealth Tax Proposal: Fair Game or a Fiscal Fantasy?
As the Labour Party floats the idea of a wealth tax, many investors and entrepreneurs are asking the same thing:
Is this the start of smarter redistribution, or another economic misstep?
Here’s what’s being discussed:
- A tax on individuals with assets above a certain threshold
- Could be structured as a one-off levy or annual charge
- Sold as a way to fund public services and address inequality
Sounds good in theory, but reality tells a different story.
