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jellybaby in reply to @andyp

Dropping to £3k in April.

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andyp in reply to @jellybaby

Yes, correct. Which is good I think, we should be taxing capital gains as much, if not more than, income.

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hugo7 in reply to @andyp

Imo the allowance level was fine.

The issue is the %.

We have carve outs for pensions to cover people when they need to live off unearned income, so I'm not sure why we incentivise capital over working.

As Laura Trott says, there is a duty to work.

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