Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told
Academics said the wealth tax would affect fewer than 1,000 of the richest UK households. Photograph: Alex Segre/AlamyView image in fullscreenAcademics said the wealth tax would affect fewer than 1,000 of the richest UK households. There would also be a rule forcing rich families to pay the tax for at least 10 years after they quit the UK, denying them the ability to move country to avoid it.Growing global wealth inequality has pushed ideas for higher or extra taxes up the political agenda across the globe.
- ▪Academics said the wealth tax would affect fewer than 1,000 of the richest UK households.
- ▪Photograph: Alex Segre/AlamyView image in fullscreenAcademics said the wealth tax would affect fewer than 1,000 of the richest UK households.
- ▪There would also be a rule forcing rich families to pay the tax for at least 10 years after they quit the UK, denying them the ability to move country to avoid it.Growing global wealth inequality has pushed ideas for higher or extra taxes u
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Academics said the wealth tax would affect fewer than 1,000 of the richest UK households. Photograph: Alex Segre/AlamyView image in fullscreenAcademics said the wealth tax would affect fewer than 1,000 of the richest UK households. Photograph: Alex Segre/AlamyEconomicsWealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham toldNew prime minister urged to introduce 2% minimum charge on households with more than £100m in wealthPhillip InmanTue 21 Jul 2026 01.00 EDTSharePrefer the Guardian on GoogleA wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who urged Andy Burnham to include the measure in his plans to “make tax fairer” and pay for better public services.The sum could be raised through a 2% minimum charge on households with…
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