The case for Labour to introduce a wealth tax has never been stronger | Phillip Inman

The case for Labour to introduce a wealth tax has never been stronger | Phillip Inman

A 2% levy on fortunes above £100m – with no exemptions – could begin to reverse decades of rising inequalityAndy Burnham and Wes Streeting have sought to blunt the Green leader Zack Polanski’s popularity with a hint that a government run by either of them, should they win a Labour leadership race, would favour a tax of some kind on the wealthy.With SpaceX’s stock market launch on Friday sending Elon Musk’s fortune to the stars, it is clear to most people that the world’s super-rich are running a...

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