An economist has challenged the ongoing debate about Labour possibly introducing wealth taxes in Britain, asserting that the country already imposes several levies on assets and capital.

Speaking to GB News, Catherine McBride argued that the UK currently operates multiple forms of wealth taxation that are often overlooked in discussions about fiscal policy.

An economist has challenged the ongoing debate about Labour possibly introducing wealth taxes in Britain, asserting that the country already imposes several levies on assets and capital.Speaking to GB News, Catherine McBride argued that the UK currently operates multiple forms of wealth taxation tha...{ai:summary}<p>An economist has argued that the UK already imposes various forms of wealth taxation, countering the debate on Labour's potential introduction of new wealth taxes. Catherine McBride emphasized that these existing levies on assets and capital are frequently overlooked in fiscal policy discussions. </p><p>#economy</p>

WATCH: Labour's 'anti-wealth tax regime' blasted by top economist

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