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wealth tax

  • Gary Stevenson is predictably wrong about wealth taxes

    May 6, 2026

    Wealth taxes, as promoted by the likes of Gary Stevenson and Zack Polanski, are a terrible idea. Let’s make Britain rich instead, says Kristian Niemietz Wealth taxes are currently all the rage. Over the past few years, a massive hype has built up around the idea: 75 per cent of the public say they support [...]

  • Wealth tax would ‘create unfairness’, IFS says 

    April 27, 2026

    Annual wealth taxes would create “complexity, distortions and unfairness”, a new Institute for Fiscal Studies report has said, as policymakers have been advised to consider the trade-offs involved in addressing forms of inequality.  The IFS’ Deaton Review, which involved research conducted over six years, found that an annual levy on wealth would have “serious drawbacks” [...]

  • Spare us Zack Polanski and Zohran Mamdani’s empty progressivism

    April 25, 2026

    Mamdani’s victory in New York proves it’s time to take Zack Polanski and the Green Party seriously. That means recognising how much their policy platform depends on wishful thinking and fantasy economics, says Eliot Wilson Harold Wilson, perhaps Labour’s wiliest Prime Minister, supposedly coined the phrase “a week is a long time in politics”. It [...]

  • Zack hits back – but I stand by what I said: The Green Party is dangerous

    March 19, 2026

    After yesterday’s column on Zack Polanski (“I wouldn’t vote for his party in a million years“) the Green Party leader hit back, suggesting a lack of compassion on my part. Being firmly of a free-market persuasion I’m used to having my motives questioned, but I stand by my view that Polanski’s economic policies (wealth taxes, [...]

  • Zack Polanski’s economic agenda is dangerous…and popular

    March 19, 2026

    There was a time when the Green Party was all about recycling, rewilding and veganism, but these days the economy forms the centrepiece of their pitch to voters. Yesterday their leader, Zack Polanksi, set out his party’s economic vision and he started with a diagnosis. He said people feel like they’re “running every day just to [...]

  • The Greens are no tree-hugging hippies, their policies would destroy Britain

    March 10, 2026

    Zack Polanski’s Greens stand a realistic chance of winning dozens of seats, so it’s worth taking their policy platform seriously. From wealth taxes to yet more punitive building regulations to open borders, they would be a disaster for British prosperity, says Emma Revell For years now the Green Party has been a bit of a [...]

  • Switzerland has rejected wealth taxes: Westminster should take note

    December 17, 2025

    Swiss voters have overwhelmingly rejected a proposed 50 per cent inheritance tax, proving that individuals in a democracy understand that confidence in a jurisdiction can evaporate quickly, says Tim Focas Swiss voters have issued one of the clearest democratic verdicts on wealth and capital in recent memory. Last month, more than eight in ten rejected [...]

  • Value of UK passport declines sharply under Labour

    December 16, 2025

    The once-coveted British passport has tumbled in value since Rachel Reeves’ “wealth tax” Budget, according to a new report.  In the latest Passport Index, put together by financial advisory firm Nomad Capitalist, the UK’s iconic blue travel document has slipped from 21st place in the previous list down to 35th out of 199 countries.  This [...]

  • Autumn Budget: Reeves pushes ahead with ‘mansion’ tax

    November 26, 2025

    A mansion tax will be introduced on homes worth more than £2m, Rachel Reeves confirmed, despite warnings from the property industry that the move was fraught with practical difficulties and would lead to a fire sale of high-end homes. The Chancellor ploughed ahead with widely rumoured plans to apply a “high-value council tax surcharge” on [...]

  • Autumn Budget Live: Wealthy, landlords and pensions hit in £26bn tax raid

    November 26, 2025

    Welcome back to the City AM liveblog. In a shocking turn of events the UK fiscal watchdog has accidentally released the economic forecasts – intended to be published after the Budget – before the Chancellor even took to the despatch box. Rachel Reeves has raised taxes by £26bn in her second Budget, which follows on [...]

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