UK wealth tax would backfire, warns IFS
Think-tank says the policy is not the answer to inequality and would drive internationally mobile super-rich to leave Britain
Think-tank says the policy is not the answer to inequality and would drive internationally mobile super-rich to leave Britain

The way in which the UK system sees rates rise and then fall as income increases is indefensible

Jonathan Reynolds rules out targeting assets of the rich to plug growing hole in public finances

The government must reverse an exodus of the wealthy that will harm the UK economy

Swiss referendum on inheritance tax showed how readily some would consider their options for relocation

Reforming the benefits system is vital to avoid ever-rising taxes

It is becoming harder to keep wealthy nomads and ordinary voters happy