A coalition of 120 affluent Britons, organized by Patriotic Millionaires, has submitted an open letter to Prime Minister Andy Burnham requesting increased taxation on high-net-worth individuals. The signatories, who include former footballer Gary Lineker, music producer Brian Eno, film director Richard Curtis, and Ian Gregg, the former managing director of Greggs bakery, argue that their wealth positions allow them to contribute more to the nation’s finances.
The letter emphasizes a distinction between taxation on income earned through regular employment and taxation targeting those whose wealth derives from existing assets. The group specifically advocates for implementation of a 2% tax on wealth exceeding £10 million. Signatories contend that such measures would foster a more equitable society and enable reinvestment in communities across various regions, describing millionaires as patriotic citizens committed to the country’s prosperity.
According to the letter, internal polling conducted by Patriotic Millionaires indicates that a majority of millionaires surveyed support increased taxation on themselves. The group characterizes resistance to higher wealth taxes as driven by outdated economic philosophies and self-interest that undermines future national development.
Burnham has not dismissed the proposal entirely, having suggested during a recent conversation with Lineker that he may need to pursue additional tax revenue at some point. However, Conservative leader Kemi Badenoch responded dismissively, noting that wealthy individuals can voluntarily contribute additional funds to the Treasury through existing donation mechanisms. The campaign represents a renewal of previous calls by the Patriotic Millionaires organization for enhanced taxation on the nation’s wealthiest residents.
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