Extract from Estimates day debate on HM Revenue and Customs - July 7

Wednesday, 8 July 2020 08:08

Dan Carden (Liverpool, Walton) (Lab):...During the last decade of austerity, the richest 1,000 people in the UK increased their wealth by 183%. Aggregate private wealth is now over six times our GDP. We therefore welcome the serious academic research under way on how a UK wealth tax would work. That research is being carried out at the London School of Economics and the Centre for Competitive Advantage in the Global Economy at the University of Warwick alongside the Institute for...Request free trial