Implement a 2% wealth tax on individuals with net assets exceeding £10 million - Petitions

This petition proposes a 2% annual wealth tax on individuals with net assets exceeding £10 million, aiming to create a fair and effective policy. It suggests introducing an asset register and safeguards like an exit tax to prevent asset relocation offshore. The petition argues that wealth held in static assets contributes little to economic growth and can widen the wealth gap, and it believes a targeted wealth tax offers a fair solution. It also emphasizes that income earned through work should not be taxed.