A wealth tax in the UK is becoming unavoidable

A wealth tax in the UK is becoming unavoidable

From Garys Economics by Gary Stevenson

June 7, 2026 · 40 min

About this episode

The episode discusses the potential for implementing a wealth tax in the UK amidst political changes.

Are we about to get a new Prime Minister in the UK? The change in leadership may be the best chance we've ever had of winning wealth taxes in this country. And it could be a blueprint for other countries around the world. Chapters (00:00) Intro (00:36) UK situation (02:18) Who will be the new Prime Minister in the UK? (03:41) A poisoned chalice? (07:57) Strong position to get wealth taxes (11:13) I will back Labour if they do this (15:45) Adopting our political framing (22:01) Would Andy Burnham really be different? (25:11) The markets refuse to lend the UK anymore (28:09) What happens if we DO get wealth taxes? (31:01) We need to tackle long-term problems (34:13) MY PREDICTIONS (34:57) The progress we’ve made

People in this episode

Host: Gary Stevenson

Topics covered

  • wealth tax
  • UK politics
  • Prime Minister
  • Labour party
  • economic policy

Keywords

  • wealth tax
  • UK
  • Prime Minister
  • Labour
  • economic policy
  • Andy Burnham
  • political change

Mentioned in this episode

Organizations: Labour

Places: UK

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