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Top resolutionfoundation.org News
Rachel Reeves · LondonTens of thousands of property millionaires living in “very expensive” homes could escape a mansion tax planned by Chancellor Rachel Reeves, new data shared with The i Paper shows. Targeting only those in the three highest council tax bands would see some residents in homes worth £1.5m or more dodging the tax expected to be announced at the Budget. Property and tax experts warned Reeves of a “serious backlash” if her new levy creates “bizarre unf…See the Story
The 33,000 Property Millionaires Who Could Dodge Labour’s Mansion Tax
Coverage: 2 sources
United Kingdom · United KingdomDavid Willetts is President of the Resolution Foundation. The process of preparing this Budget has been so messy and inept that we have lost sight of the economic and financial realities behind it. Here are the basic facts. The deterioration in the public finances in 2029 since the last Budget is estimated by us at Resolution Foundation to be about £13b. This is not as bad as some of the lurid figures in circulation. The OBR’s cut to its estimat…See the Story
David Willetts: To grip the problems in the public finances we need to be honest about why they're in the state they are
100% Right coverage: 1 sources
