Vast Majority Of Brits Back A Wealth Tax On The Super-Rich, Poll Reveals

Demonstrators stage a rally outside the Treasury in March.The vast majority of UK voters back a wealth tax on the super-rich, a new poll has revealed.According to the YouGov survey, 75% of Brits want to see a 2% charge on those worth more than £10 million.Pressure of growing on chancellor Rachel Reeves to introduce a wealth tax in the Budget as she tries to plug another multi-billion pound hole in the nation’s finances.Former Labour leader Neil Kinnock threw his weight behind the calls at the weekend.He told Sky News: “This is a country which is very substantially fed up with the fact that whatever happens in the world, whatever happens in the UK, the same interests come out on top, unscathed all the time, while everybody else is paying more for gutted services.”The YouGov poll found that 49% of people “strongly support” a wealth tax, with a further 26% saying they “somewhat support” it.Only 13% say they oppose it, with 12% saying they don’t know.According to separate research by the More in Common think-tank, a wealth tax would be the most popular tax policy the government could introduce.But critics say the policy has never worked in other countries where it has been tried, mainly because the super-rich are highly mobile and simply move elsewhere in order to avoid it.Rachel Reeves has previously ruled out a wealth tax, but No.10 failed to stamp out the speculation on Monday.A spokesman for the prime minister said: “We have repeatedly said that those with the broadest shoulders should carry the greatest burden and the choices we’ve made reflect that.“The top 1% of taxpayers contribute nearly a third of income tax.“Revenue from wealth and asset taxes like capital gains tax and inheritance tax go towards funding tens of billions of pounds for the public services.“The government is committed to ensuring that the wealthiest in our society pay their fair share of tax.”Related...Is It Time For A Wealth Tax? Pressure Grows On Starmer To Ramp Up Charges On The RichStarmer Says Rachel Reeves 'Doing An Excellent Job' After Chancellor Cries In The Commons

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