Early day motion tabled by primary sponsor Iqbal Mohamed (Independent (affiliation)), on Wednesday, 30 October 2024, in the House of Commons. It is signed by 13 members in total.
2% wealth tax
That this House notes the growing disparity in wealth distribution within the UK; recognises the need for a fairer tax system that ensures the wealthiest individuals contribute their fair share to society; calls on the Government to introduce a 2% annual wealth tax on individuals with assets exceeding £10 million; believes that such a tax would generate significant revenue that could be used to fund essential public services, reduce inequality, and support economic recovery; and urges the Government to consider the implementation of this policy as a step towards a more equitable and just society.
Secondary information
- Type
- Early day motion
- Reference
- 340
- Session
- 2024-26
- Other sponsors
- John McDonnell
- Jim Shannon
- Carla Denyer
- Jeremy Corbyn
- Ayoub Khan
- Subjects
- Disadvantaged Equality Distribution Taxation Wealth
- Link
- View this Early day motion on edm.parliament.uk
Librarians' tools
- Timestamp
- 2025-09-05 20:05:15 +0100
- URI
- http://data.parliament.uk/edms/62680
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/edms/62680
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/edms/62680