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Andy Burnham to announce wealth tax before December 2026
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Nov 30
30%
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Andy Burnham is the new Labour leader and Prime Minister of the UK, in power after former Labour leader and PM sir Kier Starmer voluntarily stepped down.

Patriotic Millionaires and the group Tax Justice UK proposing 2% Wealth Tax on +10mm GBP.

Similar proposals from the Green Party and the Unite Union.

https://www.mirror.co.uk/money/wealth-tax-explained-money-uses-37463778

A wealth tax has high public support. But the Wealth Tax Commission in 2020 called it a "non-starter".

There is debate on how much would be collected from very wealthy, who may choose to leave the UK instead of paying.

What is a wealth tax, how would it work, and will Andy Burnham introduce one?
Gary Lineker, who used to present Match of the Day, is among more than 100 UK-based millionaires who have signed a letter urging new Prime Minister Andy Burnham to tax their wealth
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BBC News - Gary Lineker among millionaires asking Andy Burnham to tax them more

Gary Lineker among millionaires asking Andy Burnham to tax them more

Gary Lineker among millionaires asking Andy Burnham to tax them more
A group including the former England footballer write to the new PM telling him "we can afford it".

Announce? Or implement?

@PaulBenjamin Announce. The market closes 30th November, which is too short a timeframe to implement a tax like this.

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