More than 120 #UK millionaires have signed an open letter to Prime Minister…
More than 120 #UK millionaires have signed an open letter to Prime Minister Andy Burnham urging his government to raise taxes on extreme wealth, not on ordinary workers, and calling for a 2% annual tax on assets above £10 million, alongside reforms such as aligning capital gains tax with income tax. The “Proud to Pay” campaign argues that concentrating wealth and power in a small group has harmed the country, and that the additional revenue could reduce inequality and fund public services, infrastructure, and small businesses.