Every year the Sunday Times Rich List is published, 'celebrating' extreme wealth. It is a stark reminder of the wealth inequalities present in UK society. Each year, The Equality Trust has released a publication in conjunction with the Sunday Times list called the Wealth Tracker. The purpose of the wealth tracker is to bring attention to wealth inequality.
We believe that the wealthy should pay more tax, and it's not just us, ask Warren Buffett or Bill Gates and they will agree.
What are we striving to achieve?
The Equality Trust is asking the top 1000 on the Sunday Times Rich List in the UK to pledge to pay more tax. We are deep in an inequality crisis and the current system of taxation is not working. The Equality Trust is working to create a culture around tax not a burden but a something to be celebrated. Taxes have a huge potential to combat a looming wealth inequality crisis.
We are aiming to:
- Gain pledges from the top 1000 on the Sunday Times Rich List in the UK that they are willing to pay more tax.
- Create a social media movement, under the #TalkTax, which celebrates tax.
- Put pressure on the Government to publish a distributional analysis of spending for each budget.
- Work with MPs, APPGs and civil society organisations to create a tax system which works for everyone.
Please get in touch with Frankie, if you would like to find out more about getting involved in this project.
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