POLITICSTHE GUARDIAN WORLD
Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
A wealth tax on UK households with over £100m in wealth, proposed as a 2% annual charge, could generate £10bn per year, according to a study by Gabriel Zucman and Ben Tippet. The measure, suggested to address wealth inequality and fund public services, would apply to fewer than 1,000 UK households.
Mentioned
Related Signal
Adjacent reporting
- Burnham's new strategy chief backed 'highly popular' wealth tax to rake in £24billion from wealthiest Brits
- Revealed: How a Burnham 'land tax' could batter London and the South East with £50k-a-year charges and send property prices plunging
- Who would benefit from Bernie Sanders’ wealth tax on billionaires?
- Tax raid on pensions 'could give Andy Burnham £20billion' if Shabana Mahmood is made chancellor
- Owners of £2m-plus homes could defer paying Labour mansion tax until death... if they are on a 'low' income
- Labour's answer to everything… more tax! Wes Streeting calls for a 'wealth' levy to raise £12bn as 'shadow' leadership battle escalates