More than 100 UK millionaires urge higher wealth taxes
A group of more than 100 UK-based millionaires, including Gary Lineker, signed the open letter “Proud to Pay” urging Prime Minister Andy Burnham to raise taxes on wealth to reduce inequality and fund public services, infrastructure, and small businesses. The signatories say wealth should bear a larger share, not income from daily work, and Lineker frames it as a matter of British values and national fairness. Other notable signatories include Val McDermid, Brian Eno, Ian Gregg, Gary Stevenson, and Julia Davies, who describe the move as a fresh opportunity to rebalance economic power and support public life. The letter cites a potential 2% tax on wealth over £10 million as a way to raise substantial revenue, with discussions of capital gains reforms accompanying the proposal. Critics from Reform UK and Conservative figures argue the plan could deter investment and cost jobs, while public polling from Patriotic Millionaires UK suggests broad backing for tax fairness among the ultra-rich and for funding public services. The campaign emphasizes a broader political shift toward dispersing economic power alongside decentralising political power.
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