Gary Lineker Joins 100+ Millionaires Urging Wealth Tax in UK
Patriotic Millionaires UK says a 2% levy on wealth above £10 million could raise £24 billion a year, while 80% of millionaire members back it.
- On Thursday, Gary Lineker joined more than 100 British-based millionaires in signing the "Proud to Pay" letter, urging Prime Minister Andy Burnham to impose higher taxes on wealth to reduce inequality and support public services.
- Patriotic Millionaires proposed a 2% tax on wealth over £10 million, which they claim could raise £24 billion annually, alongside capital gains tax reforms potentially generating an additional £12 billion for the UK.
- Signatories including screenwriter Richard Curtis and novelist Val McDermid joined Lineker in the plea, telling Prime Minister Burnham, "We can afford it." They emphasize taxing wealth derived from holdings rather than income earned through work.
- Prime Minister Burnham previously suggested there is "some room" for "movement on tax" in the Labour manifesto, though his government faces scrutiny over funding an £850m electricity tax cut announced on Monday.
- Economists Gabriel Zucman and Ben Tippet suggest a 2% charge on assets over £100m could raise £10bn yearly to "raise meaningful revenues and dampen runaway inequality," adding academic weight to the wealth tax debate.
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60 Articles
120 millionaires have signed a letter begging the British government to tax them more: 'We can afford it'
Millionaires including Brian Echo, Gary Lineker, and Simon Pegg have signed a letter to U.K.’s prime minister asking for higher taxes to tackle inequality.
A group of 120 British millionaires wants to pay more tax. In an open letter, they call on the new Prime Minister Andy Burnham to levy more tax on the wealthiest, so that wealth in the country is distributed more fairly. The group, which calls itself the 'Patriotic Millionaires', includes well-known names such as former footballer and podcast host Gary Lineker and filmmaker Richard Curtis. They advocate for a wealth tax of 2 percent on assets e…
From former footballer Gary Lineker to musician Brian Eno, a group of Scrooges makes an appeal: the Government imposes a 2% tax on the assets of people who have a wealth of more than ten million pounds
Among the signatories Brian Eno and Gary Lineker. "For a better Britain, this must change; we must adopt a new form of decentralisation of wealth and power, from the richest to reinvest in our most precious resource in every region: our people"
The open letter was signed by 120 British millionaires.
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