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Urgent Memo from the Patriotic Millionaires

Sharing our latest Urgent Memo. At its heart, we’re urging the government to:

  • Raise much-needed revenue now by reforming Capital Gains Tax so that high returns to capital are taxed the same as income from work.

  • Tackle inequality for the long term by committing to a 2% wealth tax on assets over £10m during this Parliament - creating space, over time, to reduce reliance on taxing ordinary people.

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