Campaign group claims Reeves could generate £36bn annually through tax reforms

• A group of wealthy Britons, known as Patriotic Millionaires, is calling for increased taxes on the rich to help fund public services and lift children out of poverty.
• The group proposes that reforms to capital gains tax and the introduction of a new wealth tax could generate up to £36 billion annually.
• This appeal is being made ahead of Chancellor Rachel Reeves's upcoming Budget announcement in Westminster later this month.
• Patriotic Millionaires has launched a “Tax The Super-Rich” bus tour across the UK, highlighting the closure of numerous public facilities, including community centres and parks, since 2020.
• Campaigners like Oxfam Scotland support the call for better taxing extreme wealth, while the Treasury states its focus remains on cutting waiting lists, national debt and the cost of living.

IN FULL

Millionaires group urge Reeves to introduce wealth tax to ‘lift kids of out poverty’