Starmer and Reeves should consider wealth tax, says former shadow chancellor
The GuardianThursday, July 31, 2025 at 3:38:43 PM
NeutralWorld Affairs
A former Labour shadow chancellor, Anneliese Dodds, is pushing the current government—led by Keir Starmer and Rachel Reeves—to seriously consider introducing a wealth tax in the upcoming autumn budget. Dodds argues that avoiding "big decisions" now could worsen the UK’s public finance gaps, suggesting that taxing wealth might be a necessary step.
Editor’s Note: This isn’t just another budget debate—it’s a signal of growing pressure on Labour to follow through on bold economic reforms. Wealth taxes are controversial but could redefine how the UK funds public services. If the government ignores calls like Dodds’, it risks looking timid; if it acts, it could spark a major political and economic showdown. Either way, this autumn’s budget just got more interesting.
— Curated by the World Pulse Now AI Editorial System
