We'll Hit Wealthy Chiefs Paying Less Tax Than Cleaners ; Brown Targets Equity Moguls As Factory Faces Job Cuts

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TAX loopholes exploited by private equity chiefs to pay less tax than their office cleaners will be closed, Gordon Brown pledged yesterday.

In surprise comments to Labour's conference, the Prime Minister pre-empted the conclusions of his own review of private equity to win warm applause from delegates in Bournemouth.

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We'll Hit Wealthy Chiefs Paying Less Tax Than Cleaners ; Brown Targets Equity Moguls As Factory Faces Job Cuts

Mr Brown vowed: "Whenever there is a loophole that shouldn't exist, we take action. Since 1997, we have closed a massive number."

He added: "On this issue of private equity, I can assu...

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