Readers name their priorities for Rachel Reeves’ looming Labour budget
The IndependentSign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Foxicus ‘Wealth tax’ Reeves should equalise capital gains tax and allowances with income tax for fairness with the proviso of indexation or taper relief on gains to allow for inflation. JonathanR ‘More tax tiers’ Up personal allowance with more tax tiers; lower tax levels for young people and disabled; treat bonuses as income; capital gains on second plus homes; close inheritance tax loopholes for super rich Iike the Grosvenors ; make large tax avoidance illegal including using offshore sites; any squillionaire like owner of Pimlico Plumbing boss leaving England because of government asking for reasonable payment of tax, ban them from returning! 9Diamonds ‘Minimum VAT’ Introduce a minimum 1 per cent VAT collection rate across everything, but raise the sole trader tax allowance. Philadelphian ‘A tax on private health that goes to the NHS’ Huge companies like Amazon, Shell etc MUST pay their proper taxes.