Skip to main content
The Morning Star Shop
A wealth tax is crucial in the transition to a fairer society
Not only is it morally right for wealth to be taxed at the same rate as income, but the government also has the potential to raise up to £174 billion a year by doing so, argues CLAUDIA WEBBE MP

THE Covid-19 crisis is, of course, unprecedented in the scale of its economic and social disruption. Yet much of the unequal impact of the pandemic is because it is operating in a world in which half of global wealth belongs to the richest 1 per cent and in which global and regional inequalities are defined by racial, gender and class oppression.

Whilst billionaires increase their wealth and self-isolate on luxury yachts, workers in Leicester and across the world are forced to put themselves at risk in order to pay the bills.

We know that, as we rebuild from this crisis, we cannot sustain our fundamentally unequal social order. I believe that a wealth tax is crucial if we are to transition towards a fairer society.

The 95th Anniversary Appeal
Support the Morning Star
You have reached the free limit.
Subscribe to continue reading.
Similar stories
WAR ON CLAIMANTS: Liz Kendall outside the Department of Work and Pensions, March 2025
Features / 20 May 2025
20 May 2025

While claiming to target fraud, Labour’s snooping Bill strips benefit recipients of privacy rights and presumption of innocence, writes CLAUDIA WEBBE, warning that algorithms with up to 25 per cent error rates could wrongfully investigate and harass millions of vulnerable people

DAMAGING AGENDA:
Work and Pensions
Secretary Liz Kendall
Features / 24 February 2025
24 February 2025
Labour is deliberately continuing Tory policies that cost us £38 billion more than they save while driving illness rates higher — despite the evidence that previous sanctions doubled suicide attempts, writes CLAUDIA WEBBE
Chancellor of the Exchequer Rachel Reeves at the Confederati
Features / 14 January 2025
14 January 2025
Instead of responding to changed circumstances by adjusting policy, Reeves is using fiscal ‘rules’ as an excuse to force government departments to make even deeper cuts than she had already flagged, says CLAUDIA WEBBE
PAWNING BRITAIN: Prime Minister Sir Keir Starmer with Black
Features / 3 December 2024
3 December 2024
Keir Starmer’s BlackRock enthusiasm is a clear give-away for Tory continuity plans, argues CLAUDIA WEBBE