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Fix the taxation of capital gains

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Fix the taxation of capital gains

Reforming capital gains taxation is an efficient and fair way for the government to raise substantial revenue, says Arun Advani.

In an article for the New Statesman, Arun Advani assesses the Labour and Conservative approach to tax reform, and argues that capital gains tax reform would improve efficiency, make the tax system fairer and substantially increase revenue.

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Arun Advani and Andy Summers, How much tax do the rich really pay? New evidence from tax microdata in the UK, CAGE Policy Briefing (no. 27)