Tax wealth like land, shares and property to help pay for doctors, teachers and other vital public services
Why is this important?
The UK is a wealthy country, but this wealth is very unevenly spread. The UK government doesn’t properly tax wealth, such as land, shares and property. Our current tax system gives an advantage to those who live off their wealth, as opposed to those who work for a living.
This leaves us with under-funded public services and sets the UK on track to become one of the most unequal countries in the world. One change that the Chancellor could adopt is taxing income from wealth at least as much as income from work. The Institute of Public Policy Research estimate that this would raise £90 billion over five years. According to a poll Tax Justice UK commissioned with Oxfam the public overwhelmingly support this idea. Join us in calling for an end to the low tax lifestyles enjoyed by some of the wealthiest people in the country and a fairer Britain.