Tax Justice UK

@taxjusticeuk.bsky.social

A better tax system that benefits everyone in the UK. Sister organisation of @taxjusticenet.bsky.social https://taxjustice.uk/

You're right Kate, it IS obvious. The country desperately needs investment — we all see it. So who can afford to pay for it? Well, while wages flatlined for a decade, the fortunes of the richest (who pay lower tax rates because they own rather than earn) have exploded.

In his first speech Britain’s new Chancellor said he wanted to "build hope." But is John Healey ready to fix an economy undermined by decades of underinvestment? Here's what we know about him & what we think of his early flurry of policy announcements. 👉 taxjustice.uk/blog/can-new...

Can new Chancellor John Healey "Build Hope for Britain" - Tax Justice UK

What does Burnham's surprise pick for Chancellor,John Healey, and his early flurry of policy announcements tell us?

taxjustice.uk

“The new Prime Minister has a clear chance to break away from the unpopularity of his predecessors by standing up to City lobbyists & taxing banks’ unearned windfalls.” This policy isn't just about raising billions, it's about showing the public whose side the Govt is on.

Andy Burnham urged to unleash tax raid on banks amid £55billion profit bonanza

EXCLUSIVE: As Britain's big bank prepare to announce a round of bumper half year profits, critics argue a windfall could pay for the government's cost of living crusade

mirror.co.uk

Wealth taxes on the super-rich were splashed across the front pages of newspapers today. Because our friends at Patriotic Millionaires UK worked with Gary Lineker and over a hundred of their members to loudly say, they're proud to pay more tax. The ball's in your court, Burnham

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But a 2% tax on wealth over £10m IS a policy for uniting the country. 99.97% of us wouldn't pay a penny, while the richest 0.03% would pay a modest amount they'd barely notice. But we'd all feel the difference £24bn could make. That's why 75% of people (incl. 75% of millionaires) back it.

Burnham’s cutting VAT on home electricity bills— it's a good first move, and it’ll help millions who are struggling right now. It's great that he’s cut taxes on ordinary people, without handing another tax break to fossil fuel giants, because they have a tendency...🧵1/8

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The super-rich have no problem measuring wealth when they want to sell a mansion, buy a stock or insure a yacht. Here’s Gabriel Zucman, globally respected economist, to remind everyone that it isn’t suddenly some magical mystery when its needed to calculate a wealth tax.

"The very richest continue getting richer, partly enabled by a tax system which allows them to pay lower effective tax rates than the rest of us." Our very own Caitlin Boswell tells it straight on GBNews. 🔥📺

The super-rich are loving life while the rest of us are only a missing payslip or two away from crisis. Vested interests will point fingers at anyone but themselves to divert attention away. But it’s time to tax extreme wealth now.

🏆 Here’s a wild World Cup stat: 🇳🇴✅🇫🇷✅🇪🇸✅🇧🇪✅🇦🇷✅🇨🇭✅ 🇲🇦❌🏴󠁧󠁢󠁥󠁮󠁧󠁿❌ 6/8 quarter finalists (75%) have annual taxes on wealth, compared to 10/195 (5%) countries in the world. Is taxing wealth what it takes to win a World Cup? Here’s why it might be more than a coincidence…🧵1/8