Minister insists ‘those with broadest shoulders should carry greatest burden’ over wealth tax

Minister insists 'those with broadest shoulders should carry greatest burden' over wealth taxSky News

Transcript

00:00We've always been clear as a government that those with the broadest shoulders should carry the

00:05greatest burden and if you look at some of the decisions that we have taken in the last year,

00:10be it the changes to capital gains tax, the changes to the non-DOM rules because we believe that

00:16even if you're born elsewhere but you live in the UK you should be paying your fair share of tax.

00:22We obviously applied higher taxes to private jets and we said to the 5% of parents who send

00:29their children to private school that actually they can't get the tax breaks on private school

00:34fees, the VAT tax breaks that they previously did so that we could invest that money in public services.