Wealth tax on 10 richest Scots could lift 30,000 out of poverty, report suggests

A report found a wealth tax could raise enough cash from the 10 richest Scots alone to lift 30,000 children out of poverty (PA) -

A wealth tax could raise enough cash to lift 30,000 children in Scotland out of poverty from just 10 families, a report has found.

A tax of 2% levied against those with assets worth £10 million or more could bring in £492 million a year from Scotland’s 10 richest families, the research found.