The New Net Zero Resistance is Doomed to Fail
4 October 2024
by Ben Pile
News Round-Up
4 October 2024
Treasury officials are warning that a Labour tax rise on 'non-doms', far from raising more cash, will cost money instead. The Government is on a steep learning curve that punishing taxes don’t work, says Matthew Lynn.
The so-called Conservative party has mooted removing non-dom tax status as a way of raising more tax revenue. It's unlikely to work, says Mr Chips. Focusing on creating value would be a much better place to start.
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