AFTER a week where Labour has been criticised for its “shameful” move to rule out a wealth tax if it wins the next election, we’re hosting a…
has been criticised for its “shameful” move to rule out a wealth tax if it wins the next election, we’re hosting a Q&A with economist Richard Murphy to hear all about the policy which could raise billions.for public spending, but there is so much more to learn.
It is tricky to say exactly how much could be raised by raising taxes on very wealthy people, though most estimates put the figure above tens of billions. Wealth taxes and more progressive rates of income tax on the rich are often key planks of left-wing parties’ policy platforms.Labour have U-turned, but suppose they did want to increase public spending on national infrastructure, the health service, or any number of items that might be high on their agenda if they form the next Government…
How much would it raise? How would it be implemented? How would it work? How would it work across the UK? Where would the money go?Let us know your questions below and tune in to the livestream on our YouTube, Twitter and Facebook social media accounts!
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