Britain's Billionaires: A New Tax Proposal for a Fairer System The proposal by academics Gabriel Zucman and Ben Tippet to introduce a 2% minimum wealth tax on UK households with more than £100m in assets has sent shockwaves through the corridors of power.
Prime Minister Andy Burnham is now weighing his options, and it's clear that this is no ordinary tax plan.
The stakes are high: successful implementation could raise a staggering £10bn annually, but also carries significant risks and uncertainties.