politics

Wealth Tax on UK's Wealthy Could Generate £10 Billion Annually, Says Burnham

21 Temmuz 2026The Guardian

Academics have proposed that a wealth tax targeting the UK's super-rich could generate £10 billion annually. This tax would impose a 2% minimum charge on households with wealth exceeding £100 million, impacting fewer than 1,000 households.
The suggestion has been made to new Prime Minister Andy Burnham as part of efforts to create a fairer tax system and enhance public services.
Wealth inequality has been a growing concern in the UK, with calls for reforms that address the disparities between the richest and the rest of the population. The proposal for a wealth tax aligns with broader discussions on how to fund public services sustainably while ensuring that the wealthiest contribute their…
The introduction of a wealth tax in the UK could represent a significant shift in fiscal policy, particularly in addressing wealth inequality. By targeting the ultra-wealthy, the government could not only raise substantial revenue but also signal a commitment to social equity.

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This article reflects the opinions of the authors and does not necessarily represent the views of The Guardian or its affiliates.

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