Capital gains tax should be scrapped and majorly reformed

Tax and Fiscal Policy

Capital gains tax should be scrapped and majorly reformed

26 November 2020

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Phillip Booth quoted in The Telegraph

In response to reports that the Chancellor has ordered a review into Capital Gains Tax, Professor Philip Booth, Senior Academic Fellow at the Institute of Economic Affairs, said: “Capital gains tax is a complicated and damaging tax. Far from leading to it increasing, this review should lead to it being abolished”.

Read the full piece here.

Read Philip’s full response here.

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