Unite urges 1% wealth tax on the super-rich to fund public sector pay rises and NHS recruitment

Sharon Graham, Unite's general secretary, did not mince words in her critique of the current state of the UK economy: "Unite's resolution to the TUC on the economy calls things by their real name. The British economy is broken. We need serious investment in our crippled public services and in industry to ensure a prosperous future for Britain's workers and their communities."

The union estimates this would generate £25 billion annually, which could be used to bolster public services and prevent a return to austerity measures. Under the proposal, someone with £6 million in assets would be taxed on the £2 million above the threshold...

Read at Business Matters