Greens call for windfall tax on big banks profits to support small business
News Source : BBC News
News Summary
- Green Party leader Zack Polanski calls for a 38% windfall tax on big banks.
- Tax would be applied to UK profits of more than £800m and be used to cut tax bills for a million smaller companies.
- Polanski has previously claimed banks are ripping off customers and suggested they should pay "a bit more tax" A Labour Party spokesperson said the government was already working on a renaissance for Britain's high streets.
- "Backing small businesses right across the country is a key part of that and, while others talk, that's what Labour is already doing," they said.
The Green Party of England and Wales is calling for a 38% windfall tax on the profits of big banks to support small and mediumsized businesses.
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