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Prime Minister Rishi Sunak and wife Akshata Murty visit a food and drinks market as Mr Sunak hosts a festive showcase at Downing Street, London
THE Tory government must finally introduce a wealth tax on the super-rich to provide vital support for those struggling with the cost-of-living crisis, the Scottish Greens urged today.
A 1 per cent annual wealth tax on net assets over £10 million could raise nearly £10 billion a year while only impacting the richest 0.4 per cent of the population, according to research by the Tax Justice Network.
Scrapping the “non-dom” tax status favoured by infamous tax avoiders, such as Prime Minister Rishi Sunak’s wife, could raise a further £3.2 billion a year.
Burnham urged to raise taxes on banks after Barclays reveals 30% rise in pre-tax profits
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
The future does not have to be climate chaos and social breakdown. MARC VANDEPITTE looks at the alternatives offered by the Global Justice Report, co-authored by Thomas Piketty