Why We Need Wealth Taxes

Extreme wealth undermines equality, justice, and democracy.

The following is the text of my speech to an event organised last night by Richard Burgon.

We are living through a second Gilded Age. The richest people on te planet have accumulated fortunes so vast that they are almost impossible to comprehend. A handful of billionaires now own more wealth than the poorest half of humanity. In the UK, just 50 families …