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  3. Former Labour leader joins calls for Starmer to tax wealth

Former Labour leader joins calls for Starmer to tax wealth

July 07, 2025
Placard reading tax the rich not our future

Former Labour leader Neil Kinnock called for a wealth tax this weekend, telling the Guardian that Starmer should target wealth above £6m or £7m, where a 2% tax would raise £10bn or £11bn a year.

Responding to Kinnock's comments, Steve Wright, Fire Brigades Union general secretary, said:

Introducing a wealth tax to fund public services, a generous welfare state, and workers' pay must be a priority in the second year of a Labour government.

There's overwhelming support for that approach within the Labour Party, trade unions and the electorate.

The Prime Minister and Chancellor must abandon the welfare cuts and instead tax the super rich as an alternative to the Tory austerity that was so decisively rejected by the electorate a year ago.

Anything less, could see us sleepwalking towards the disastrous nightmare of a hard right government led by Nigel Farage.

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