Martin Vander Weyer Martin Vander Weyer

If taxes must rise, Sunak should pick on private equity instead

[Getty Images] 
issue 21 November 2020

It’s not axiomatic that taxes must rise to pay for the pandemic, if you seriously believe the surge in growth, jobs and prosperity that will follow the rollout of a hyper-efficient national vaccination programme will generate sufficient revenues for Rishi Sunak to stabilise the public finances, albeit at the highest level of debt ever seen in modern times.

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