Wealth Tax to Fund Basic Income | Leeds News

A bold new vision for fairness: Compass, linked to Andy Burnham, proposes a 5-10% wealth tax on fortunes over £10 million to fund a universal basic income, especially for overlooked contributors like food producers and artists. The plan also calls for banning private and corporate political donations, replacing them with vote- or membership-based public funding to restore trust. Plus, it demands a radical rethink of foreign aid—ending cuts and redesigning how support flows to developing nations. All aimed at shifting power from the top down to community-driven, equitable solutions. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9484d4188c53586e