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Jeremy Corbyn pledges ‘fat cat tax’ on big businesses paying £330,000 salaries | The Independent

A levy of up to five per cent will be aimed at big businesses, city banks and Premier League clubs

Jeremy Corbyn has vowed to introduce a swingeing ‘fat cat tax’ on big businesses to punish them for awarding sky-high salaries.

Labour would slap a levy of 2.5 per cent on earnings above £330,000 and of five per cent on pay above £500,000, with the cash raised used to rescue public services.

Today’s election manifesto also vows a dramatic expansion of childcare, which would be made available to all two-year-olds until they start school, for 30 hours a week.

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Sorgente: Jeremy Corbyn pledges ‘fat cat tax’ on big businesses paying £330,000 salaries | The Independent

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