
Labour MP: Why this Budget must tax the rich
Making Money
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Wealth Tax and Financial Education for Youth
This chapter explores the proposal of a wealth tax aimed at alleviating the financial struggles of young people seeking home ownership, highlighting the disparities in wealth distribution. It advocates for systemic tax reforms and enhanced financial education to empower younger generations in managing their finances, emphasizing the importance of understanding investments and savings. The discussion underscores the need for a progressive tax system and a national wealth fund to foster economic stability and support for the youth.
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