I agree that the wealth is disproportionately distributed. I studied for years and earn very well and built a few businesses. I work 70 to 100 hours a week combined. I get paid well but if one calculates my daily pay per hour, it fairly miniscule. I worked as a consultant as well and i have to pay National insurance and PAYE etc. My take home is less 40% of my income and as a result, it doesnt make sense now to work those hours. So im cutting back. May as well enjoy life i guess. All this means is less tax for the govt. Most of my peers have adopted a similar approach.
Wealthy people put their income and assets in complex structures and will never pay as us common people. HmRC have no chance of . Taxing those assets, if you can even agree on a value will be time consuming. Shares in a private company of house value is subjective more an art and not a science.
Maybe the ultra wealthy should get get tax breaks for donations to charities. That may help redistribute the income. They will just move overseas for 180 days and not be taxed! HMRC be smart not greedy. A small amount from everyobe is better than 1 large tax from a small number.
Ive been on the receiving end of the job seekers. They agree to interviews to get the allowance but never arrive. They are taking the hard earned tax money of others.
No government is capable or resolving it all. But start with the basics.
1. Make benefits criteria more stringent and valid and regular and invest in the teams
2. Subsidise doctors, nurses and teachers training so we increase our basic services. They can repay by signing up to a contract of services
3. We need immigrants because we have a country of old people and need the jobs filled abmnd tax from the income. Also it increases our diversity pool. This is the only way to fill the gaps until we achieve a reasonable talent pool which will take at least 10 years to achieve if not longer.

It is one solution, but be wary of pinning all hopes on a single policy. Beyond real estate assets, this would be a difficult tax to assess and collect.

We have a progressive income tax system, let us use it. Add 1% to all income tiers, then increase the starting thresholds so that the poorest pay nothing at all and the "squeezed middle" feels like its income is going a bit further.

I don't like the idea of putting all the strain on Council Tax and VAT, which will disproprtionately hit the poorest in society.

It's so annoying having this centrist "we're all in this together" philosophy! No!! I'm on £600.00 a month for universal credit- why should myself and other people who do have jobs with a low salary be affected? The rich should pay their fair share.

The tax on flights is Air Passenger Duty, you just don’t see it in the ticket price. It’s generally higher than VAT.

Why does everybody think that's the solution ? Unless they are cheating the system why single them out ?

Flat tax where everybody pays the same percentage and minimal deductions.
Government needs to stop wasting money!

Wealth tax is a slippery slope. Govt can overspend or misspend knowing it can just erase its mistakes with special taxes. It leads to fiscal mismanagement, and eventually , seizure of assets (like the ali baba dude in China ).

Thats a nice socialist approach

Are you a socialist? Time for the government to stop massive immigration, reduce spending for a start

Tax tax tax until everyone is poor

Last year the treasury received 1.1 trillion in tax and any government should be able to run a country with that amount of money....they dont need to put up taxes

By what right do you take something from someone else simply because they have it and you want it?