Same for all their other tax hikes too, like tobacco tax. Their greed knows no end.
The UK is so screwed (as if we didnβt know)!
They slashed capital gains allowances to boost revenue. Instead, high earners left the country.
Receipts dropped by 18%. Thatβs a Β£2.7 billion shortfall!
Has no one in government heard of the Laffer Curve?
https://www.ft.com/content/8d8e1848-5a24-49a1-a695-2800345ff425
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