Get behind a wealth tax, millionaire urges Lib Dems

Published: 9/23/2025
Get behind a wealth tax, millionaire urges Lib Dems
"Patriotic millionaire urges Liberal Democrats to support wealth tax" - Mark Robinson, a wealthy campaigner, is advocating for the Liberal Democrats to endorse a new wealth tax, surpassing the proposed windfall tax on big banks. Robinson's group, Patriotic Millionaires UK, seeks to promote higher taxes on the affluent population, stressing the need for more substantial revenue compared to the £7bn projected from the bank tax. His message coincides with the upcoming Budget, where Chancellor Rachel Reeves is expected to raise taxes to meet fiscal targets, amid pressure from left-leaning factions and unions to consider taxing the super-rich.