McDonnell: Labour would force rich to make their taxes public

McDonnell said transparency was needed to avoid the kind of tax evasion uncovered by the Panama Papers.A Labour government would force all taxpayers who earn at least £1m a year to make their tax records public, shadow chancellor John McDonnell has said.As Philip Hammond prepares to deliver his first full budget next week, McDonnell told the Guardian he hoped more transparency about individuals’ tax affairs would cut down on tax avoidance and encourage a more open civic culture.