Published July 21, 2026 · Category: News

Overview

New prime minister urged to introduce 2% minimum charge on households with more than £100m in wealth

A wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who urged Andy Burnham to include the measure in his plans to “make tax fairer” and pay for better public services.

Details

The sum could be raised through a 2% minimum charge on households with more than £100m in wealth and would affect fewer than 1,000 of the richest UK households, according to the study by Gabriel Zucman, a professor of economics at the Paris School of Economics, and Ben Tippet, a lecturer in economics and wealth inequality at King’s College London.

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Source

Originally published at www.theguardian.com.

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