How a tax on the super-rich will create a fairer, greener UK
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- Pages
- 27
- Published in
- Netherlands
Table of Contents
- NATIONAL RENEWAL TAX 1
- Contents 2
- Executive summary 3
- Foreword 4
- Why tax the super-rich to support national renewal and a fair transition? 7
- The case for a National Renewal Tax on the super-rich to fund a fair transition 8
- What a National Renewal Tax on the super-rich could pay for 8
- How a one-off National Renewal Tax on the super-rich would work - and how much it would raise 10
- How the National Renewal Tax on the super-rich would work 10
- How much a National Renewal Tax on the super-rich would raise 11
- Avoiding pitfalls: learning from other taxes on wealth 12
- Tax avoidance and evasion - and measures to prevent them 12
- Millionaires willing to be taxed 13
- What the National Renewal Tax on the super-rich could pay for 15
- Warm homes 15
- Cheaper transport 16
- Green jobs 16
- Nature-friendly agriculture 17
- Conclusion 19
- Methodology 21
- Data sources 21
- Wealth tax design 22
- Modelling behavioural responses 22
- Estimating administrative costs 23
- An example of the wealth tax with behavioural responses 23
- Bibliography 25