Wealth tax on UK’s super-rich could raise £10bn a year, Andy Burnham told

New prime minister urged to introduce 2% minimum charge on households with more than £100m in wealth A wealth tax on the UK’s super-rich households could raise £10bn a year, according to academics who urged Andy Burnham to include the measure in his plans to “make tax fairer” and pay for better public services. The sum could be raised through a 2% minimum charge on households with more than £100m in wealth and would affect fewer than 1,000 of the richest UK households, according to the study by Gabriel Zucman, a professor of economics at the Paris School of Economics, and Ben Tippet, a lecturer in economics and wealth inequality at King’s College London. Burnham has hinted that a wealth tax could be part of his 10-year plan for the UK, though his close advisers have focused on a rise in the threshold of capital gains tax to match income tax to raise extra revenue. The new prime minister, who will lay out his tax and spending plans later on Tuesday, said recently that he wanted to avoid creating fresh divisions in society, but that he would consider how to tax people “in a fair way”. Speaking to footballer-turned-podcaster Gary Lineker last week, Burnham said: “I do