@ymasch.bsky.social
Interested in investing / macroeconomics and geopolitics (in that order)
Reposted
The UK slashed CGT allowances to boost revenue — but receipts fell 18% last year and are still dropping. Turns out taxing “voluntary” gains harder makes people... not sell. A textbook case of tax tweaks backfiring on.ft.com/4kZ9Hv0
July 26, 2025 at 8:09 AM
The UK slashed CGT allowances to boost revenue — but receipts fell 18% last year and are still dropping. Turns out taxing “voluntary” gains harder makes people... not sell. A textbook case of tax tweaks backfiring on.ft.com/4kZ9Hv0