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Reeves must tax the super-rich properly

The Herald

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November 25, 2025

OH no! The Bosses are threatening to go on strike! They may even leave the country! Huh! Why is it OK for the rich to hold us to ransom, but workers are damned when we down tools and strike because we can’t live on the official minimum wage?

The threat, made-up by the right-wing press, is that the rich are going to be taxed more in tomorrow's Budget. In response, the super-rich might leave the country. Oh no they won't! They're having too good a time in Britain, at our expense.

The wealth of British billionaires has more than doubled since 2010 when together they were worth £250,000,000,000. Now they're “worth” £620billion, all at our expense - rent and price hikes for us, tax cuts and accountant-managed tax-evasion for them costing the Exchequer and our social infrastructure at least £36billion. There’s the mythical spending-gap filled twice over - Tax the Rich, Make Them Pay!

For workers, the average cost of living has risen overall by more than 25% since the Pandemic. Our incomes haven't.

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