journalist
Theo Usherwood
Political journalist and broadcaster who has covered Westminster for LBC and other outlets.
The case for taxing wealth, argument by argument.
Political journalist and broadcaster who has covered Westminster for LBC and other outlets.
Is it right that the top 10% richest people own 57% of the wealth in this country? That is inequality. It's wrong.
For those earning between 70 and 125, you're only paying £3,000 more tax. Are you really going to leave the country, upsticks, take your children out of school, for paying £3,000 more of tax?
If she wants to hit the top 10% of earners, bring that 45p threshold down to £70,000. That's going to raise 12 billion pounds roughly.