Labour tax hike could stunt growth and lead to an exodus of investors

The Chancellor is reportedly considering hiking capital gains tax (CGT) in next week’s Budget, as part of plans to find £40 billion in spending cuts and tax rises CGT is widely accepted to be a damaging tax – hampering investment and economic growth and raising relatively little Recent modelling by the Centre for Policy Studies... View Article The post Labour tax hike could stunt growth and lead to an exodus of investors appeared first on The Centre for Policy Studies.