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Wes Streeting pledges wealth tax in leadership pitch

Filed: May 21, 2026 at 4:03 AM ET
Summary: Wes Streeting proposes a wealth tax and equalising capital gains tax with income tax, estimating it could raise £12bn a year.
WHO: Wes Streeting
WHAT: Pledged a wealth tax and proposed equalising capital gains tax with income tax
WHEN: May 21, 2026 at 3:52 AM ET
WHERE: United Kingdom
WHY: He made the proposal as part of his leadership pitch.
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