Capital-gains tax hike wouldn't drive away the UK's wealthy

Capital-gains tax hike wouldn't drive away the UK's wealthy
(Image: Depositphotos)
Bloomberg
By Matthew Brooker Notting Hill, home of celebrities and the setting for one of the most saccharine romantic comedies ever made has a new public role: poster child for the absurd unevenness of the British tax system. Will it prove a catalyst for change?The neighbourhood of 6,400 people in West London racked up more in capital gains than Liverpool, Manchester and Newcastle – three northern cities with a combined population of about 1.3 million – between 2015 and 2019, according to research by the University of Warwick and the Lo...

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