Andy Burnham to announce wealth tax before December 2026
18
100Ṁ213
Nov 30
22%
chance
7

Andy Burnham is the new Labour leader and Prime Minister of the UK, in power after former Labour leader and PM sir Kier Starmer voluntarily stepped down.

Patriotic Millionaires and the group Tax Justice UK proposing 2% Wealth Tax on +10mm GBP.

Similar proposals from the Green Party and the Unite Union.

https://www.mirror.co.uk/money/wealth-tax-explained-money-uses-37463778

A wealth tax has high public support. But the Wealth Tax Commission in 2020 called it a "non-starter".

There is debate on how much would be collected from very wealthy, who may choose to leave the UK instead of paying.

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Announce? Or implement?

@PaulBenjamin Announce. The market closes 30th November, which is too short a timeframe to implement a tax like this.

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