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What if we taxed Rich List families 2% on their assets?

We’d raise £22 billion a year if we taxed the assets of the UK’s 350 richest families at 2%.

It’s a proposal we pushed in the media this week after the Times Rich List revealed the wealth of the super rich continues growing .

We worked jointly with the New Economics Foundation and the Economic Change Unit to do the research.

The £22 billion that could be raised would be enough to fund the construction of 145,000 new affordable homes a year. Or pay the wages of nearly a third of NHS staff .

The Guardian and Mirror both covered the research, running supportive articles on our case for taxing the UK’s richest families more

Our Executive Director Robert Palmer was on BBC News arguing that evidence shows super rich people don’t tend to emigrate if you tax them more.