Voices: Readers torn on wealth tax – from ‘the only counterbalance’ to ‘utterly counter-productive’

Phil White, a British millionaire poses with a placard reading: “Tax the rich" - (AFP via Getty Images)

Chris Blackhurst’s claim that Britain “simply can’t afford” a wealth tax has sparked fierce debate among Independent readers, who were deeply split over whether taxing extreme wealth is fair, workable, or economically sensible.

Many backed Lord Kinnock’s call for what one commenter dubbed an “obscene wealth tax”, arguing that while wages have stagnated, asset values have skyrocketed.