Streeting's Wealth Tax: A Calculated Gamble for Labour Leadership Wes Streeting's latest policy proposal has sent shockwaves through the Labour party.
He is pledging to introduce a "wealth tax that works" as part of his leadership pitch, which appears to be a bold move to address income inequality in the UK.
Streeting's plan to equalize capital gains tax with income tax is revolutionary. By doing so, he aims to raise an estimated £12 billion annually, which would boost public coffers significantly.