Tag: Capital Gains Tax - Tax Policy Associates

Posts tagged "Capital Gains Tax"

Oct 16, 2024 Policy

How to reform capital gains tax and cut income tax

Capital gains tax (CGT) is currently both too high and too low. It taxes investors at too high a rate when they’ve put capital at risk, only to see it eroded by inflation. But it enables a very low rate of tax for people who haven’t put capital at risk, but are able to pay […]

Oct 14, 2022 Policy

How to raise £8bn by increasing capital gains tax

The two biggest tax-cutting Conservative Chancellors in British history both increased capital gains tax – and for good reasons. Jeremy Hunt should follow them, and raise £8bn. Here’s the current situation: someone earning £50k pays income tax at a marginal rate of 40%; someone earning £150k pays a marginal rate of 45%. But the same […]