POLITICSFORTUNE
120 millionaires have signed a letter begging the British government to tax them more: ‘We can afford it’
120 UK millionaires signed an open letter urging Prime Minister Andy Burnham to increase taxes on wealth over £10 million, proposing reforms that could raise £50 billion annually. The 'Proud to Pay' campaign, supported by celebrities like Gary Lineker and Brian Eno, argues higher taxation on the ultra-rich would address inequality and fund public services.
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- Three-quarters of UK millionaires would be happy to pay more tax, research finds
- Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
- Billionaire-tax backers say they have enough signatures — times two — to qualify for ballot
- Burnham's new strategy chief backed 'highly popular' wealth tax to rake in £24billion from wealthiest Brits