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Gary Stevenson is right, rich people want to help Britain – here’s how to let them do it
['Nick Finegold']
City AM
Gary Stevenson is right, rich people want to help Britain – here’s how to let them do itGary Stevenson predicted soaring house pricesGary Stevenson and the ‘Patriotic Millionaires’ plan for a wealth tax is the wrong way to get wealth working for Britain.
Here’s three much better ideas, says Nick FinegoldA fortnight ago, 120 millionaires, including Gary Stevenson and Gary Lineker, wrote to Andy Burnham asking to be taxed more.
If wealthy people genuinely want to help Britain – and most of us do – the answer is not a wealth tax that speeds their exit.
Here is where I part company with the usual complaints, because objecting is easy and Britain needs ideas.
Just make sure “more” means investing in Britain – not booking a one-way flight out of it.