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As George Monbiot asks in the Guardian this morning:
Why are billionaires blocking action to save the planet?
It’s obscene that the super-rich can criminalise protest, while they burn the world’s resources and remain untouched by the law.
George is right, of course. It is obscene that they can do this.
And one answer is that we need to tax the rich a great deal more.
I do not think that all the problems that are created by the rich can be solved by taxing them. But doing so will certainly reduce their capacity to consume – and that is vital.
Hence, the Taxing Wealth Report 2024, that outlines the quickest and most effective ways to tax the wealthiest in the UK a great deal more.
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