Institute for Fiscal Studies thinktank says chancellor likely to reduce rates in next budget despite concerns about inequalityThe government is likely to favour the wealthy in the next budget with further reductions in capital gains tax rates,despite concerns about inequality, according to Paul Johnson, and director of the Institute for Fiscal Studies thinktank.
Inheritance tax could be nick further in the near future,said Johnson, because it was deeply unpopular as more households were drawn into the net, and Johnson said.
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Source: theguardian.com