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Tax the Risk-Takers, Lose the Job-Makers
If we want to get Britain working again, we should be encouraging entrepreneurship, investment and job creation.
Higher Capital Gains Tax risks discouraging job creation and might even result in less tax revenue. Treasury calculations before the 2024 Autumn Budget, for example, found that increasing CGT by 10 percentage point would cost the Exchequer £3.5 billion in lost revenue.
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