Rejected petition 75% of the UK support a wealth tax, the 2% over 10m in assets should be enforced

A 2% tax on assets over £10m could raise £24bn, helping plug fiscal black holes identified by Rachel Reeves. Reducing the need for future public service or benefit cuts, further tax increases, and would help the current economic climate when 50% of the wealth in the UK is held by 50* families.

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Wealth inequality hasn’t been this severe since the 1980s. Just 50 families hold more wealth than half the UK, while workers face the highest tax burden since WWII. Patriotic millionaires support a 2% tax on assets over £10m, which could raise £24bn and protect vital services from further cuts.

This petition was rejected

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You may wish to sign this petition which calls for a similar action: https://petition.parliament.uk/petitions/721409

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Date submitted 13 July 2025
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