Tories to abolish tax on shares
Senior figures support proposal contained in Tory commission's report
identified by the Conservatives’ Forsyth Commission as one of a package of tax
cuts worth £19bn, is said to be backed by senior Tory figures.
The paper quotes authoritative sources saying
shadow chancellor George Osborne
is ‘very keen’ on the proposal.
Studies have suggested the move, which would remove the taxes paid every time
a share is bought and sold, would boost the FTSE All-share index by £150bn.