Slapping Britain’s richest 350 people with a 2% wealth tax could pump nearly £16billion a year into public coffers, research reveals tonight.
Campaigners said hitting those on The Sunday Times Rich List with an extra duty would raise vital funds for the Treasury - potentially hiking numbers of nurses, police and teachers.
Analysts said that widening the wealth tax to anyone with assets of more than £10million would generate up to £22bn annually, according to the study by Tax Justice UK, the Economic Change Unit and the New Economics Foundation.
