Boris Johnson's tax plans will place billions of pounds into the pockets of Britain's richest people

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Boris Johnson's tax plans will place billions of pounds into the pockets of Britain's richest people
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Boris Johnson’s tax proposals will overwhelmingly benefit high earners, according to research from the IFS.

Boris Johnson's tax plans would cost up to £20 billion a year and mostly benefit the richest people in the UK, according to research by Britain's leading economic think tank. The Institute for Fiscal Studies said Johnson's tax plans were likely to be ineffective, expensive, and provide little benefit to people on lower incomes. Johnson promised a radical overhaul of the UK's tax system when he took office in July. Visit Business Insider's homepage for more stories.

Boris Johnson's tax plans would cost up to £20 billion a year and mostly benefit the richest people in the UK, according to research by Britain's leading economic think tank. The Institute for Fiscal Studies said Johnson's tax plans were likely to be ineffective, expensive, and provide little benefit to people on lower incomes. Johnson promised a radical overhaul of the UK's tax system when he took office in July. Visit Business Insider's homepage for more stories.

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