Just seen this. Got to ask even if full on lefties are on board now there's a big financial penalty that's got their squeeze room gone. Chaos. Not as is if anyone firmly in the centre didn't see it coming.Jobbo wrote: Tue Jul 21, 2026 6:36 pm I’ve seen talk of Burnham introducing a wealth tax - on families with assets of £100m, so unlikely to trouble anyone here (unless Broccers’ crypto is doing better than he lets on).
But it’s in principle a bad thing. It won’t bring in nearly as much as anticipated and even people unaffected directly by it will consider it unfair so it’s politically sensitive.
Getting the richest to pay tax at the same rate as the squeezed middle classes should be the aim.