Comments by "Greg Greg" (@SlowhandGreg) on "One rule breach too many for Rishi Sunak?" video.

  1. Quote from 2021 A wise tax plan silently vanished last week. The chancellor was due to narrow a notorious tax loophole for the wealthy by raising capital gains tax. Now, in a quiet reverse ferret, he won’t. Now he's PM he's still not doing it and keeping CGT low Quote Rishi Sunak saved £300,000 in tax thanks to cut he voted for in 2016 PM’s tax bill would have been higher had Tories not cut top capital gains rate Rishi Sunak has saved more than £300,000 in tax thanks to a cut he voted for in 2016, according to an analysis of his tax records. The prime minister has paid just over £1m in tax over the past three years, most of which was accrued on the gains he has made on his US-based investment portfolio. But that figure would have been £308,167 higher had the top rate of capital gains tax (CGT) not been cut by the Conservative government in 2016. The figures highlight the disparities between Britain’s income tax rates and its relatively low rates of CGT. The prime minister’s overall tax rate for the last three years was 22%, roughly equivalent to what a nurse would pay in income tax.
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