{"id":49396,"date":"2020-05-01T09:56:25","date_gmt":"2020-05-01T08:56:25","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=49396"},"modified":"2020-05-01T09:56:26","modified_gmt":"2020-05-01T08:56:26","slug":"question-of-the-day-should-we-have-an-investment-income-surcharge","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/05\/01\/question-of-the-day-should-we-have-an-investment-income-surcharge\/","title":{"rendered":"Question of the day: should we have an investment income surcharge"},"content":{"rendered":"\n<p>As part of the Tax After Coronavirus (TACs) project <a rel=\"noreferrer noopener\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/04\/30\/tax-after-coronavirus-tacs-the-need-for-an-investment-income-surcharge\/\" target=\"_blank\">I suggested yesterday<\/a> that there should be an investment income surcharge of 15% on incomes for all those below the age of 60 (when retirement becomes more commonplace) of 15% on all investment income exceeding \u00a32,000 a year. The objective is a simple one, and is to reduce the disparity between the tax rates charged on income and wealth <a rel=\"noreferrer noopener\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/04\/22\/tax-after-coronavirus-tacs-there-is-significant-room-for-wealth-taxation-in-the-uk\/\" target=\"_blank\">that currently exists<\/a>. <\/p>\n\n\n\n<p>My question is a straightforward one, and is whether or not readers think that this is a good idea, and how they might improve the suggestion?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>As part of the Tax After Coronavirus (TACs) project I suggested yesterday that there should be an investment income surcharge of 15% on incomes for<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/05\/01\/question-of-the-day-should-we-have-an-investment-income-surcharge\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[186,182,184],"tags":[],"class_list":["post-49396","post","type-post","status-publish","format-standard","hentry","category-question-of-the-day","category-tacs-tax-after-coronavirus","category-tacs-tax-and-wealth"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/49396","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=49396"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/49396\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=49396"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=49396"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=49396"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}