Why a group of wealthy Brits have urged Reeves to introduce a wealth tax
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Why a group of wealthy Brits have urged Reeves to introduce a wealth tax
"From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging."
"A group of wealthy Britons are calling for increased taxes on the rich, claiming that such measures could "lift kids out of poverty" and significantly contribute to rebuilding public services. The campaign group, Patriotic Millionaires, believes Chancellor Rachel Reeves could generate up to 36 billion annually through reforms to capital gains tax and the introduction of a new wealth tax. This appeal comes ahead of Ms Reeves's upcoming Budget announcement in Westminster later this month."
The Independent funds on-the-ground reporting across issues such as reproductive rights, climate change and Big Tech through donations rather than paywalls. Donations enable continued journalist deployment to interview multiple perspectives and investigate developing stories. Patriotic Millionaires, a group of wealthy Britons, is campaigning for increased taxes on the rich, proposing capital gains reforms and a new wealth tax to raise up to 36 billion annually. Campaigners argue that wealthier people should pay a fairer share to lift children out of poverty and to rebuild public services, and are touring UK cities ahead of the Chancellor's Budget.
Read at www.independent.co.uk
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