If corporations paid ‘where they play’ not ‘where they say’, the UK would be up £13 billion a year. It's time we ended the corporate tax scam. 👉 www.theguardian.com/commentisfre...
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/
Fossil fuel profits are soaring like… well, like our energy bills. Funny that. But we don't have to let them use every crisis to squeeze us for profit. We can help those struggling & break the fossil fuel doomloop if we TAX THE PROFITEERS. Agree? 👉 you.38degrees.org.uk/petitions/ra...
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.
Surprise, surprise. The super-rich aren't really scared of tax bills they can easily afford. They live wherever they want, whatever suits their families, businesses & lifestyles best. Remember that when they try the same scare stories to stop a Wealth Tax. 👉 www.ft.com/content/655a...
Burnham is reportedly planning a major overhaul of our broken council tax & business rates systems. But what could that look like? In his latest for @thefabians.bsky.social our own Joe Wright analyses his options, including Burnham's favoured #LandValueTax. fabians.org.uk/taxing-times...
Taxing Times | Fabian Society
Fabian Society
fabians.org.uk
Our very own @faizashaheen.bsky.social joined Shabaz to help him on his quest to track down a billionaire & understand how serious wealth inequality has become. Seen enough? Join us: taxjustice.uk/sign-up-to-o... Catch the rest of Are Billionaires Bad?: www.bbc.co.uk/programmes/m...
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
Well done to the anonymous billionaire family on‑shoring their wealth! 👏 But banking in Guernsey instead of Gateshead shouldn’t save you £0.8bn a year in tax. Paying for the investment the UK needs starts with closing tax havens. spearswms.com/wealth/briti...
Burnham needs £18 Billion year to fix social care and save the NHS. A Wealth Tax raise that— with £6 billion leftover for other priorities— and those paying it would barely notice it. 1/3
We can't wait to see Shabaz Ali's new documentary, out tomorrow at 21:00 on BBC3 (and iPlayer). Look out for our ED @faizashaheen.bsky.social who sat down with Shabaz to explain the mind‑bending scale of billionaire wealth— and the inequality crisis its fuelling. www.radiotimes.com/tv/documenta...
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
Right now, those who work for a wage (generally the poorest) face higher rates than those living off income from assets (generally the richest) & hoarded wealth is barely taxed at all. So how do we tax wealth well? Check out the latest from Prof Lucy Barnes... inews.co.uk/opinion/coun...
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
🇬🇧 From banks waving through red flags to tax havens helping criminal cash disappear, Kojo Koram explains how UK enablers helped turn criminal cash in McDonald’s bags into untraceable gold bars in Dubai vaults. taxjustice.uk/campaign/dir... for more about the UK's Dirty Money problem.
It's democracy, or extreme wealth inequality. We can't have both.
Be audacious @andyburnham.bsky.social ! REMEMBER: 75% of the UK public back a Wealth Tax (& 75% of UK millionaires do too!) The howlers might be loud (because they own newspapers and social media platforms), but in reality they are a tiny, greedy minority protecting their stash.
Yes, you heard that right... Put another way, the top 50 richest families in the UK, now hold more wealth than the bottom 50% (≈35MILLION people) combined. @gabrielzucman.bsky.social is spot on. Extreme wealth inequality is breaking our country. That's why we need a #WealthTax.
Here's what we think Burnham should do on tax, on day 1 & by the end of his term. Our very own Joe Wright on Political Frenemies. 📺 Check out the full episode on YouTube: www.youtube.com/watch
Our democracy is for sale. Our politicians are being bought. Now the Elections Bill has been delayed, Burnham has a choice: strengthen it & kick Big Money out of politics, or water it down & let the super-rich continue eroding our democracy. Act now: actionnetwork.org/letters/our-...
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. 🔥📺
Despite what you may hear from the loud & greedy minority, most millionaires— like Tim Stumpff— are happy to pay their taxes & proud to stay in the UK. Check out Tim's take on reports the Govt is looking to revive its Golden Visa scheme, in the FT. 👉 www.ft.com/content/50cc...
World leading economist, Joseph Stiglitz, is someone you should listen to when he speaks. And guess what…he backs a wealth tax to make the #FilthyRich pay their fair share. #WealthTax #TaxTheRich #WealthInequality #FairTax #EconomicJustice #UKPolitics
Last year we took nearly 750,000 signatures to the Treasury. Rachel Reeves may be on her way out — but our movement is here to stay. Add your name to our new message to the incoming PM and Chancellor. If they don't tax extreme wealth, they'll be out too. ✍️ you.38degrees.org.uk/petitions/de...
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.
Just seen #HowToGetFilthyRich with @garyseconomics.bsky.social ? Want to help us win a Wealth Tax? Well with a new PM incoming & public pressure at fever pitch, this is our moment. Make sure the first thing on Burnham's desk is a demand for a #WealthTax! you.38degrees.org.uk/petitions/de...
🏆 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