Business

Boris Johnson’s tax plan would ‘benefit wealthy most’ – IFS

Image copyright Getty Images Boris Johnson’s tax proposals would cost “many billions” and benefit the wealthy the most, according to the Institute for Fiscal Studies. Mr Johnson, the front-runner in the race to lead the Conservative Party, has outlined plans to raise the threshold for the highest rate of income tax to £80,000. The IFS […]

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A group of US billionaires is calling for a wealth tax

Image copyright Getty Images Image caption The group says it is non-partisan, but praised Democratic presidential hopeful Elizabeth Warren’s wealth tax idea Some of America’s richest people are urging US presidential candidates to back a wealth tax on the super-rich to improve inequality and climate change. “America has a moral, ethical and economic responsibility to

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