Post #4095128

An open letter signed by 120 millionaires asked the new Prime Minister today to increase their taxes, joining the public in their demands to ensure “extreme wealth is taxed fairly to reduce inequality both at home and abroad... We’re not talking about higher taxes on those who get up and go to work for their income every day, but on the very richest whose income is derived from the wealth they hold,” Organised by the Patriotic Millionaires UK group, they called on Mr Burnham to help Britain “succeed,” adding: “Success requires investment and a primary source of untouched capital investment is sitting with us, in untaxed potential....Paying your fair share is a basic British value, but so many ordinary people are already paying more than they can afford. ...To live up to our national values our new government must raise taxes on extreme levels of wealth for a fairer, better, more hopeful Britain.” https://morningstaronline.co.uk/article/we-can-afford-it-britain-based-millionaires-tell-burnham-tax-us-more #Wealth #UKpolitics