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Rachel Reeves’s most irritating manifesto fudge: private equity’s tax loophole | Nils Pratley Labour said it would bring taxation of performance-related pay in the industry in line with others – but the chancellor had a change of heart

And the TAX AVOIDANCE of #CorporateCrooks, and #PrivateEquityGrifters!

'It could not be right, #NicholasFerguson said, that highly remunerated #Private-EquityExecutives could PAY LESS TAX than a CLEANER or other low-paid workers.'

And NOTHING has CHANGED!🤑🤮🤬😡

www.theguardian.com/business/nil...

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