Absolutely, the UK should look at reducing generous pension programmes that benefit the wealthy.

But that's in addition to a #WealthTax , higher #CapitalGainsTax rate and crackdown on #OffshoreTaxAvoidance . That is where trillions (with a T) of taxable money goes.

https://www.theguardian.com/money/article/2024/aug/26/rachel-reeves-raise-10bn-peducing-pension-tax-relief-fabian-society

HMRC withheld offshore tax avoidance figures for UK’s wealthy during election | Tax and spending | The Guardian
https://www.theguardian.com/politics/article/2024/jul/06/hmrc-offshore-tax-avoidance-uk-wealthy

#HMRC
#TaxAvoidance
#OffshoreTaxAvoidance
#Wealthy
#Rich
#OffshoreIncome
#TaxWatch
#TaxPolicyAssociates
#OfshoreAccounts
#OECD
#Labour
#NoSafeHavens