If the UK would only tax the billionaires (total wealth £965bn) with the 0.5% wealth tax, that Switzerland currently has, it would raise £48bn and could reduce the income tax (£273bn in 2023) by 18%.
If the UK would only tax the billionaires (total wealth £965bn) with the 0.5% wealth tax, that Switzerland currently has, it would raise £48bn and could reduce the income tax (£273bn in 2023) by 18%.