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‘Corporations, Foreigners, And Rich People’ Face Wealth Taxes Says Former U.K. Chancellor

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Corporations, foreigners, and rich people could face tax increases to pay the £40 billion ($52.7 billion) hole in the U.K.'s public finances caused by the coronavirus pandemic. Philip Hammond, the former U.K. chancellor says that government borrowing will take the lion's share of the debt burden until after the next…

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