Petitions/Commission a Treasury Review On The Practicalities Of Levying A Wealth Tax.
StatusClosed
Opened15 Nov 2024
Closes15 May 2025
Government response
Parliamentary debateNot eligible
Milestones

We believe the government should study the practicalities of a tax on wealth. This should include studying wealth taxes internationally and the work of think tanks, to consider appropriate thresholds and percentages. This could also consider an exit tax designed to reduce tax avoidance.

A wealth tax could raise large amounts of money while taxing only the wealthiest few percent, matching the government's desire that those with the broadest shoulders should bear the heaviest burdens. We believe this could allow greater government investment and we think this would be widely supported by the public and would not be breaking manifesto pledges. Various respected bodies have advocated for this and the government has the ability to analyse and implement their work which we believe could improve all our lives.

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Constituency engagement ranking

Catherine West
1Catherine West MP
Hornsey and Friern Barnet
19
Tulip Siddiq
2Tulip Siddiq MP
Hampstead and Highgate
9
Siân Berry
3Siân Berry MP
Brighton Pavilion
6
Ed Miliband
4Ed Miliband MP
Doncaster North
5
Danny Kruger
5Danny Kruger MP
East Wiltshire
5
Sir Edward Leigh
6Sir Edward Leigh MP
Gainsborough
5
Jeremy Corbyn
7Jeremy Corbyn MP
Islington North
5
Vicky Foxcroft
8Vicky Foxcroft MP
Lewisham North
5
Abtisam Mohamed
9Abtisam Mohamed MP
Sheffield Central
5
Bambos Charalambous
10Bambos Charalambous MP
Southgate and Wood Green
5