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Instead of slashing welfare and disability benefits — forcing more disabled people and children into poverty — the government could introduce a 2% tax on assets over £10 million. It would raise £24 billion — five times the savings from these cuts. This is austerity 2.0.

Zarah Sultana MP

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164,416 views • 1 year ago •via X (Twitter)

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A Labour Government should not punish the poorest and most vulnerable. Cuts to support for disabled people aren't just wrong but completely unnecessary. The Government claims this would “save” £6 Billion — yet a 2% wealth tax on assets over £10 million would raise £24 Billion!

A Labour Government should not punish the poorest and most vulnerable. Cuts to support for disabled people aren't just wrong but completely unnecessary. The Government claims this would “save” £6 Billion — yet a 2% wealth tax on assets over £10 million would raise £24 Billion!

Richard Burgon MP

72,215 views • 1 year ago

The Government should not be balancing the books on the backs of the poor and disabled. On @lbc I called for a wealth tax instead. A wealth tax of just 2% on assets over £10 million would raise £24 BILLION per year. Let's tax extreme wealth, not punish the poorest.

The Government should not be balancing the books on the backs of the poor and disabled. On @lbc I called for a wealth tax instead. A wealth tax of just 2% on assets over £10 million would raise £24 BILLION per year. Let's tax extreme wealth, not punish the poorest.

Richard Burgon MP

111,904 views • 1 year ago

Ahead of today’s Budget, I presented a petition in Parliament calling for wealth taxes signed by over 50,000 people. A Wealth Tax of just 2% on assets over £10 million would raise £24 BILLION per year. That's what we need - not more cuts and austerity.

Ahead of today’s Budget, I presented a petition in Parliament calling for wealth taxes signed by over 50,000 people. A Wealth Tax of just 2% on assets over £10 million would raise £24 BILLION per year. That's what we need - not more cuts and austerity.

Richard Burgon MP

60,146 views • 1 year ago

Labour MP Richard Burgon calls for a wealth tax of 2% on all assets over £10 billion. "That would raise £24 billion a year, far in excess of what the government is trying to save through these welfare cuts." Richard Burgon MP | Peter Cardwell

Labour MP Richard Burgon calls for a wealth tax of 2% on all assets over £10 billion. "That would raise £24 billion a year, far in excess of what the government is trying to save through these welfare cuts." Richard Burgon MP | Peter Cardwell

Talk

75,692 views • 1 year ago

BBC News, "It is a political decision" Ellie Chowns, "Instead of balancing the books on the backs of the poorest and the disabled" "She could make the choice to increase taxes on the very wealthy in society" "A 2% tax on assets over £10m would raise £24 billion" "Equalising tax on investment income and on earned income would raise about £12 billion" "Why isn't the Chancellor making those choices?"

BBC News, "It is a political decision" Ellie Chowns, "Instead of balancing the books on the backs of the poorest and the disabled" "She could make the choice to increase taxes on the very wealthy in society" "A 2% tax on assets over £10m would raise £24 billion" "Equalising tax on investment income and on earned income would raise about £12 billion" "Why isn't the Chancellor making those choices?"

Farrukh

76,323 views • 1 year ago

You cannot cut your way to growth. A wealth tax of 2% on assets over £10 million would raise £24 billion per year. When the government talks about "tough choices" – why is this choice never on the table? #WelfareNotWarfare

You cannot cut your way to growth. A wealth tax of 2% on assets over £10 million would raise £24 billion per year. When the government talks about "tough choices" – why is this choice never on the table? #WelfareNotWarfare

Kim Johnson

234,674 views • 1 year ago

Reported cuts to disability benefits risk driving hundreds of thousands of people into poverty. Personal Independence Payments help disabled people to get work or stay in work - more austerity is not the solution. Scope Campaign for Disability Justice Joseph Rowntree Foundation

Reported cuts to disability benefits risk driving hundreds of thousands of people into poverty. Personal Independence Payments help disabled people to get work or stay in work - more austerity is not the solution. Scope Campaign for Disability Justice Joseph Rowntree Foundation

Steve Witherden MP

19,625 views • 1 year ago

Ordinary people shouldn’t have to pay for the UK Government’s economic failings. A 2% tax on assets over £10 million could raise up to £24 billion a year. It’s time for a wealth tax.

Ordinary people shouldn’t have to pay for the UK Government’s economic failings. A 2% tax on assets over £10 million could raise up to £24 billion a year. It’s time for a wealth tax.

Plaid Cymru 🏴󠁧󠁢󠁷󠁬󠁳󠁿

55,600 views • 1 year ago

The campaign for a Wealth Tax is growing from strength to strength. I was recently on Newsnight calling for a Wealth Tax as a fairer alternative to cuts. A 2% Wealth Tax on assets over £10 million could raise £24 BILLION a year. Let's keep campaigning until we get one!

The campaign for a Wealth Tax is growing from strength to strength. I was recently on Newsnight calling for a Wealth Tax as a fairer alternative to cuts. A 2% Wealth Tax on assets over £10 million could raise £24 BILLION a year. Let's keep campaigning until we get one!

Richard Burgon MP

45,522 views • 1 year ago

Carla Denyer proposes a common sense 2% wealth tax that would raise 5 times the amount that would be raised from Rachel Reeves disability cuts, which would be £24 billion a year!

Carla Denyer proposes a common sense 2% wealth tax that would raise 5 times the amount that would be raised from Rachel Reeves disability cuts, which would be £24 billion a year!

EuropeanPowell

277,569 views • 1 year ago

“This from a Labour Party whose core purpose is helping children out of poverty, not putting children into poverty.” It is “astonishing” a Labour government tried to push through their cuts to disability benefits Jackie Long says

“This from a Labour Party whose core purpose is helping children out of poverty, not putting children into poverty.” It is “astonishing” a Labour government tried to push through their cuts to disability benefits Jackie Long says

Channel 4 News

26,345 views • 1 year ago

A 2% wealth tax on assets over £10 million could raise £24 billion — more than enough to fund Winter Fuel Payments, scrap the two-child benefit cap and support public sector workers. It’s time for the sixth-largest economy to tax the super-rich and distribute wealth fairly.

A 2% wealth tax on assets over £10 million could raise £24 billion — more than enough to fund Winter Fuel Payments, scrap the two-child benefit cap and support public sector workers. It’s time for the sixth-largest economy to tax the super-rich and distribute wealth fairly.

Zarah Sultana MP

583,703 views • 1 year ago

Our tax system is rigged, people with money pay half the rate of tax of people with jobs. A wealth tax would be a start and it's worth pointing out, it would only affect 20,000 people out of 60 million, and they (we) would only pay 2% on anything over 10 million pounds. It would generate £24 billion a year - which could fund so many things we badly need.

Our tax system is rigged, people with money pay half the rate of tax of people with jobs. A wealth tax would be a start and it's worth pointing out, it would only affect 20,000 people out of 60 million, and they (we) would only pay 2% on anything over 10 million pounds. It would generate £24 billion a year - which could fund so many things we badly need.

Dale Vince

28,739 views • 9 months ago

The Green Party is calling for a 1% tax on wealth over £10 million and a 2% tax on wealth over £1 billion. They say it would raise £14.8 billion a year. So, should we tax the rich? Zack Polanski and former Conservative Minister Sir John Redwood debate.

The Green Party is calling for a 1% tax on wealth over £10 million and a 2% tax on wealth over £1 billion. They say it would raise £14.8 billion a year. So, should we tax the rich? Zack Polanski and former Conservative Minister Sir John Redwood debate.

Good Morning Britain

64,968 views • 9 months ago

"Billions of pounds worth of cuts to welfare benfits and other govt spending are being drafted..." The Labour govt could introduce a wealth tax targeting the super rich & billionaires. Instead they're choosing to target the sick & disabled people.

"Billions of pounds worth of cuts to welfare benfits and other govt spending are being drafted..." The Labour govt could introduce a wealth tax targeting the super rich & billionaires. Instead they're choosing to target the sick & disabled people.

Saul Staniforth

128,110 views • 1 year ago

Disability benefit cuts will push over 250,000 people, including 50,000 children, into poverty. So I asked the Chancellor —who earns over £150,000, accepted £7,500 in free clothes & took freebie tickets to see Sabrina Carpenter— if Austerity 2.0 is the "change" people voted for?

Disability benefit cuts will push over 250,000 people, including 50,000 children, into poverty. So I asked the Chancellor —who earns over £150,000, accepted £7,500 in free clothes & took freebie tickets to see Sabrina Carpenter— if Austerity 2.0 is the "change" people voted for?

Zarah Sultana MP

407,002 views • 1 year ago

Cutting benefits does not create jobs - it creates poverty. The Labour Party was built to stand with working class people, that has always included the unemployed and disabled. There is no need for a penny in cuts - it's time for a wealth tax, not more austerity!

Cutting benefits does not create jobs - it creates poverty. The Labour Party was built to stand with working class people, that has always included the unemployed and disabled. There is no need for a penny in cuts - it's time for a wealth tax, not more austerity!

Neil Duncan-Jordan MP

155,157 views • 1 year ago