Patriotic Millionaires UK
@PatMillsUK
Millionaires fighting inequality. To move money from the rich & create political economies where wealth does not mean power. UK sister of @PatrioticMills
ID:1396865898674335758
https://www.patrioticmillionaires.uk 24-05-2021 16:30:45
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It's important that the US government supports #G20 discussions on how to tax the super-rich. 'You can play a big role in this' Jayati Ghosh told the Patriotic Millionaires today. #TaxTheRich
Wonderful to hear Jayati Ghosh speak about the opportunity for global taxes on the super rich at this year’s Patriotic Millionaires conference
There are 55 billionaires in the UK.
A 1% wealth tax on them and the very richest could raise £22bn a year.
Enough to pay 276,000 nurses AND double dental funding in England, with change to spare.
Our exec diector Robert Palmer in the Guardian.
theguardian.com/news/2024/apr/…
Now! 📢Don't miss our co-chair Jayati Ghosh in the 'How to Fix Everything' livestream on how the #G20 is discussing how to #TaxTheRich . April 10 at 9:30 AM ET Here: facebook.com/PatrioticMilli…
Patriotic Millionaires
#G20 is exploring solutions to tax avoidance by the super-rich. Follow Jayati Ghosh on how to #TaxtheRich , LIVE tomorrow, April 10 at 9:30 AM ET with Patriotic Millionaires.
Here: facebook.com/PatrioticMilli…
Labour has announced plans to crack down on tax dodging by giving HMRC more resources, and make sure backdoors in the government's new non-dom rules are closed down. Here's what our Head of Advocacy and Policy, Rachael Henry, has to say ⬇️
A positive & welcome step from The Labour Party in the fight for a fairer tax system. Let's hope the first of many that ensures there are higher taxes on the very richest theguardian.com/business/2024/…
A blog for Labour Hub asking why self-described political pragmatists are not more curious about distributing the immense pool of income and wealth held by the super-rich a bit more evenly.
This is an obvious way to raise living standards, repeated throughout history
very cool to see High Pay Centre commentary on the world's billionaires in the Guardian & Telegraph today
telegraph.co.uk/business/2024/…
theguardian.com/business/2024/…
interesting that there were no billionaire critical comments in many outlets' coverage of this story - inc BBC & Sky News
Today saw the release of the Forbes Billionaire List, showing that the world's richest have grown in numbers, and gained more wealth than ever before. Here's what our Executive Director, Robert Palmer had to say ⬇️
Jeremy Vine On 5 43% of Britain's employees earn so little they don't earn enough to be taxed.
Of those who are taxed, % of tax take paid acc. to place in income distribution 👇:
Top 1%: 1/3
Top 9% - Liezel's husband: 1/3
90% of 🇬🇧: 1/3
2024's unequal Britain
Patriotic Millionaires UK
A group of leading academics, with expertise ranging from business and management to economic inequality, have written a letter UK investors, co-ordinated by High Pay Centre, warning of the risks associated with higher executive pay.
theguardian.com/business/2024/…
The UK is in the midst of a housing crisis.
But our new report by Adam Corlett and Lindsay Judge finds that households in Britain are paying more for less, and that our housing stock offers the worst value for money of any advanced economy.
Read it ⤵️
resolutionfoundation.org/publications/h…