Event: Online discussion about how much revenue could be earned from the introduction of wealth taxes
If you'd like to attend RSVP to events@greenhousethinktank.org by 27 November
Green House Think Tank invites you to an online discussion on how much the UK could raise from wealth taxes at 4.30 pm, Sunday, 29th November.
Radical plans to reform wealth taxes remain economically necessary, but politically contentious. As expected, Chancellor John Healey’s avoided a new wealth tax in his first Budget, instead doubling down on taxing non-wage earnings and increasing taxes on income earned from savings and rent. Of the UK’s main political parties, only the Green Party proposes new wealth taxes, focusing on individuals with wealth greater than £10 million.
We published a paper, Dipping into the Rich Jar – how much money could the UK raise from wealth taxes. This examines the case for radical wealth-tax reform, large enough to redistribute wealth and provide the government with a significant new revenue stream. We will discuss this idea and how wealth taxes have worked, or could work, in the Global South where wealth inequality is even more skewed.
Discussants will be:
- Professor Andrew Mearman (Leeds University and Green House Think Tank)
- Prashant Vaze (Director Green House Think Tank)
- Hazel Granger (ODI Global) expert on international taxation systems
- Sheridan Kates (Green Party Policy working group) advocate for public money supplementing wealth taxes
If you’d like to attend RSVP to events@greenhousethinktank.org by 27 November.
