John McDonnell calls for wealth tax to pay for coronavirus measures

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John McDonnell has called for a wealth tax on the richest in society and a windfall levy on the banking industry to fund the government’s emergency response to the coronavirus crisis, as the social and economic costs of the outbreak rapidly mount.
In his final act as shadow chancellor before Labour elects a new leader on Saturday, the shadow chancellor said the rebuilding job for Britain after Covid-19 should prioritise fully funded, publicly owned and democratically controlled public services. Continue reading...

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