Labour should consider using wealth taxes to raise £10bn as the UK “needs to go further” to bring in money to repair public services, the head of the Trades Union Congress has said.
Paul Nowak, the general secretary of the organising body for trade unions in England and Wales, said proposals put forward by the TUC to bring capital gains tax into line with income tax or to impose a wealth tax on assets of more than £3m were “relatively modest” and were supported by the public.
