JP Morgan boss warns John Healey against raising bank taxes ahead of Budget
Jamie Dimon told Mr Healey in a phone call that higher taxes can result in jobs being driven elsewhere, citing a decline in finance roles in New York that he…
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Summary
Jamie Dimon told Mr Healey in a phone call that higher taxes can result in jobs being driven elsewhere, citing a decline in finance roles in New York that he partly blamed on the city’s tax burden, according to the Financial Times. However, they have faced many calls to increase the levy. The former defence secretary is faced with the challenge of finding more money to fund Mr Burnham’s devolution priorities and increased defence spending, as well as new cost-of-living measures such as cutting VAT from energy bills and reducing business rates for pubs.
Furthermore, Mr Healey is reportedly due to have conversations with other bank executives in the coming days.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
Jamie Dimon told Mr Healey in a phone call that higher taxes can result in jobs being driven elsewhere, citing a decline in finance roles in New York that he partly blamed on the city’s tax burden, according to the Financial Times.
reliability moderate3/3 sources
Reported detailssecondary facts, each attributed to its source
However, they have faced many calls to increase the levy.
according to The Guardian - PoliticsThe former defence secretary is faced with the challenge of finding more money to fund Mr Burnham’s devolution priorities and increased defence spending, as well as new cost-of-living measures such as cutting VAT from energy bills and reducing business rates for pubs.
according to The IndependentMr Healey is reportedly due to have conversations with other bank executives in the coming days.
according to The Independent
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No factual contradiction detected between sources.
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