Lord Bamford and his family received a £300m dividend from JCB amid concerns of upcoming Labour tax reforms, which may affect the affluent and investors.
Labour's policy changes aim to ensure 'those with the broadest shoulders bear the heavier burden,' indicating potential reforms on capital gains and property taxes.
Despite his support for the Conservative Party, Bamford faces uncertainty as Labour plans to freeze taxes for working people but target those with significant investments.
With a personal fortune of £5.9bn, the Bamford family exemplifies a successful entrepreneurial lineage, owning JCB and contributing to various ventures.
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