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    Blair’s think tank warns Burnham on tax hike

    3 weeks ago

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    Sir Tony Blair’s institute cautioned Andy Burnham against raising capital gains tax to match income tax, arguing it could harm innovation and entrepreneurship. The proposal could generate £12 billion annually but would make the UK’s top capital gains rate the highest in Europe. The institute emphasizes the need for long-term investment and risk-taking to foster economic growth.
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