Wes Streeting’s wealth tax could prove to be an own goal
25 May 2026
Wes Streeting has proposed introducing a “wealth tax” by equalising capital gains tax with income tax. The former health secretary said doing so would create a “wealth tax that works” and would address inequalities in the current system. Under the proposal, gains would effectively be taxed at 20%, 40% and 45%, depending on a person’s...
