Fifth of taxpayers favour social welfare cut to pay for Covid-19

A 'wealth tax' was the most popular method of raising funds for the Exchequer, new survey finds

Just 40% of taxpayers would be happy to pay higher taxes to pay, in part, for the cost of COVID-19.

Six-out-of-10 taxpayers would favour cuts to public spending over increased taxes, according to a new survey by Taxback.com.

The tax refund specialists surveyed over 2,100 taxpayers nationwide and found just 40% of taxpayers would be happy to pay higher taxes to pay, in part, for the cost of Covid-19, while 60% said they’d rather cuts in public spending.