Forget Inheritance Tax — Cut Income Taxes
Our system is too heavily weighted to taxing people’s labour.
If he’s going to cut anything ahead of the next election, it should be income tax.
Photographer: Chris J. Ratcliffe/BloombergWelcome to Money Distilled. I’m John Stepek. Every week day I look at the biggest stories in markets and economics, and explain what it all means for your money.
The new In The City podcast is out! Francine and Dave talk to property developer Nick Candy about why he thinks Dubai represents a generational opportunity, and gives his views on what’s holding London back. I think you’ll find this one fascinating, particularly if you are interested in the property market.