Property News · April 14, 2016

IFS predicts future capital gains tax cuts will favour the rich


Institute for Fiscal Studies thinktank says chancellor likely to reduce rates in next budget despite concerns about inequalityThe government is likely to favour the rich in the next budget with further reductions in capital gains tax rates, despite concerns about inequality, according to Paul Johnson, director of the Institute for Fiscal Studies thinktank.Inheritance tax could be cut further in the near future, said Johnson, because it was deeply unpopular as more households were drawn into the net, Johnson said. Continue reading…

Source : theguardian.com
Read more…IFS predicts future capital gains tax cuts will favour the rich

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