I have this morning published the next in my series of proposals that will together make up the Taxing Wealth Report 2024. In this note, I suggest that a lifetime limit on ISA contributions of £100,000 be set and that ISA tax relief now be withdrawn from those who have more than £200,000 in such accounts.
Deffo less than £200k and probably less than £100k
The argument he uses is that people who save might become rich. Therefore we must tax them.