6. End and redirect fossil fuel subsidies for oil and gas companies (raise £2.2bn a year) 7. Tax private jets (raise £1.2bn a year) - @cliveefford.bsky.social
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8. Close the carried interest loophole to private equity bosses so they pay their fair share (could raise £0.5bn) 9. 4% tax on share buybacks (raise between £0.1-2bn a year) - @cliveefford.bsky.social
jul 8, 2025, 10:22 am • 27 3 • view
10. Many of us have also called for a 2% tax on assets worth more than £10m (could raise £24bn a year) Former Labour leader, Lord Kinnock, yesterday endorsed a similar policy: a 2% tax on assets over £6m or £7m to raise £10bn or £11bn a year.
jul 8, 2025, 10:22 am • 28 5 • view