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Wealthy south must bear tax brunt to end Britain's ‘inequality spiral,’ report says
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A LABOUR wealth tax can tackle growing regional inequalities on course to leave northerners on average £210,000 worse off than someone in the south-east of England by 2030, researchers say.
The analysis by the Institute for Public Policy Research (IPPR) comes after PM Sir Keir Starmer vowed those with “the broadest shoulders” should bear the brunt of tax rises in the autumn Budget.
In a report published today, the think tank urged Labour to end Britain’s “wealth inequality spiral” by reforming a Tory tax system “that poses a significant barrier to ending regional wealth inequality.”
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