120 UK Millionaires Tell New PM Burnham: Tax Us More
The letter, July 23 -- raise my taxes. Lineker was among 120 British millionaires who published an open letter to the new prime minister calling on him to introduce a wealth tax, describing themselves as "proud to pay" and making clear they intended to stay in Britain rather than find a lower-tax jurisdiction.
that wealth concentration harms not just equality but democracy and environmental stability, and that those who have benefited most from British institutions are willing to bear more of their cost.
Patriotic Millionaires put two tax vehicles on the table. A two percent annual charge on assets above ten million pounds, they argued, could raise twenty-four billion pounds a year. Capital gains tax reform would add twelve billion poun...
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