Personally I'd like to hear more of Nat's revolutionary insights into contemporary politics.
A leading think tank has warned that increasing capital gains tax will result in Government revenues dropping by £2.5 billion. It suggested a rise in CGT to the same levels as income tax, at 40 or even 50 per cent, would lead to such damage to the economy that tax revenues would plummet. More than £7.8 billion in tax revenues came from CGT last year. The drop in revenue would be equivalent to 30,000 additional public or similar cuts, according to a study published by the Adam Smith Institute.
I wonder what Nat's view on the subject is?
