Patriotic Millionaires UK
@PatMillsUK
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Millionaires fighting inequality and the risks of extreme wealth. Tax the super rich. UK sister of @PatrioticMills @patmillsuk.bsky.social
Joined May 2021
What tax reforms do Britons say they would support in principle? -Wealth tax: 75% support -Mansion tax: 69% -Exit tax: 60% -Make council tax proportionate to home value: 56% -Pegging tax thresholds to inflation: 52% -Increase employer's NI for foreign workers: 50% -Require
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“I think we’ve got to go for it” 💬 A Welsh Labour member spoke with us about why he backs taxing the super-rich and why he thought it was the right move for the UK. Throwback to our discussions with audience members at our Labour Party Conference fringe event.
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"We need to tax wealth. However the government chooses to do it they must do it with bravery and with commitment – and they must do it as soon as they can." https://t.co/xdzapxc9lI
cityam.com
Pledges to impose a wealth tax are often well received among the public, but would such a policy actually help Brits?
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To get systemic change, we need a systemic approach. PMUK’s @Kinsellas explains to 5 Live why tax is not charity, and super-rich people like us can and should be mandated to pay more. #TaxWealthNotWork #TaxTheSuperRich
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Governance is NEAR 🗳️ Voting on the first House of Stake sensing proposals is now live. You have 7 days to stake & delegate your veNEAR to make your voice heard. To participate in future binding votes, veNEAR will need to be staked & delegated PRIOR to a proposal going live.
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"We're happy to stand shoulder to shoulder with the British people and support investment in this country so that our businesses of the future can thrive." PMUK's Julia Davies on Sky News last year.
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How would a wealth tax work? PMUK's @Kinsellas chats to 5Live's Felicity Hannah. #TaxWealthNotWork
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“Whatever you’re going to raise from a wealth tax… it’s ultimately about reducing inequality” Green party leader Zack Polanski says “we don’t need to tax the wealthy” to fund public investment as “we can do that anyway” #BBCLauraK
https://t.co/CkTHGctZ4k
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In the Autumn budget the Chancellor needs to: ✅ Equalise Capital Gains Tax with Income Tax to raise £12 bn. ✅ Commit to a wealth tax of 2% on assets over £10m to raise a further £24 bn. PMUK's @Phil_White_99 chats to Talk TV about the urgent need to #TaxWealthNotWork
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8⃣ And finally… words from the Chancellor, acknowledging that taxing the super-rich must be foundational to the next Budget. https://t.co/U7tER68sIe
theguardian.com
Chancellor hints at rises and calls out past ‘scaremongering’ over VAT on private schools and changes to non-doms
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7⃣ Proud to join forces with @TaxJusticeUK in submitting our formal Budget Submission to HM Treasury - rooted in the policies we’ve both long championed
taxjustice.uk
The UK’s super-rich have accumulated record levels of wealth in recent years, while our public services have been decimated and inequality has soared.
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6⃣ Our founder @EricaPaynePM also joined finance ministers to push for global wealth reform at the #WBGMeetings
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You’re juggling deadlines. Your inbox is out of control. You’re showing up late to meetings because your calendar isn��t managed. And the projects that could move your business forward are stuck on the back burner. That’s what running without support feels like. Now imagine a
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5⃣ At the World Bank Annuals, @PatrioticMills member @abigaildisney joined a panel including @NEF's Fernanda Balata to discuss how we can measure extreme wealth.
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4⃣ We celebrated our collective work at our Autumn Members dinner - where we were joined by a brilliant set of panelists. Thank you to our inspiring speakers from @hopenothate, @NEON_UK & @TransparencyUK.
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3⃣ Checked in on our SW1 ad campaign. Fancy a selfie with Brian Cox, our Gary or Julia? Head to Victoria Street!
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2⃣ We joined @FairnessFdn for the release of Win-Win-Win — their latest report showing how reforming wealth taxes can raise revenue, tackle inequality, and boost growth. https://t.co/9oALSQ9gxV
fairnessfoundation.com
Taxing wealth for fairness, revenue and growth
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A mammoth day for the Patriotic Millionaires yesterday! 1⃣ 20 of our members headed to Westminster to lobby their local MPs and share our Urgent Memo on fair taxation.
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If your crypto wallet’s touching seven figures, you’ve officially outgrown DIY management. It’s time for structures, protection and strategy. Work with professionals who understand digital wealth.
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At today's @icrict event, @EricaPaynePM did not miss, y'all 🎯 She had it exactly right. This is the moment for our leaders to take charge and challenge dynastic levels of wealth by creating a tax code that prevents billionaires from undermining our democracy.
Watch this space because beginning at 3 PM ET, our President and Founder @EricaPaynePM will be addressing global leaders about the risks extreme wealth inequality poses to global economic, social and political progress. Livestream here: https://t.co/fTpdjehZnR
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“I was born into wealth, and wealth just became more wealth. There is a thing as too much wealth, it’s bad for the world and it’s bad for those who own it, it’s alienating and morally corrosive.” Abigail Disney @ #IMFMeetings @PatrioticMills @PatMillsUK
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Don't miss @PatrioticMills founder Erica Payne discussing the scale of extreme wealth inequality and how tackling it will protect our democracies. Tune in live from 8pm tonight #IMFmeetingshttps://icrict.pulse.ly/clydjjxxui
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