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Green Party Proposes Bold Wealth Tax to Fund Reforms

3/19/2026

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Story summary
  • Zack Polanski, leader of the Green Party, labels a wealth tax a "day one priority" and proposes 1% on assets over £10 million and 2% above £1 billion to raise about £50 billion yearly.
  • He criticizes the government's fiscal rules and seeks tax reforms, including equalizing capital gains with income taxes.
  • He also calls for rent controls and nationalization of water services.