Tell us: what questions do you have about wealth tax?

What have you always wondered about the inequalities in our tax system? We’d like to hear your questionsBy now, ‘tax the rich’ is a familiar slogan. And it makes sense, a tax on the growth in extreme wealth held by individuals and corporations in the UK could generate significant funds. One study suggests a global levy on the top 0.5% could raise about $2.1tn – roughly 7% of national budgets – with the UK alone bringing in around $31bn a year. That revenue could be transformative if used to fund the NHS, education, affordable housing, climate resilience, and long-term care. So why hasn’t it happened?In a new video series on our It’s Complicated YouTube channel, we’re on a mission to untangle confusing everyday topics by speaking directly with experts and asking the questions people actually have. In an upcoming episode, we’re turning our attention to wealth tax. Continue reading...

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Former fund manager Neil Woodford to be banned and fined almost £46m

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