Early Day Motions

Proposal for a wealth tax

EDM (Early Day Motion) 1725: tabled on 21 July 2025

Tabled in the 2024-26 session.

This motion has been signed by 53 Members. It has not yet had any amendments submitted.

Motion text

That this House welcomes the proposal from leading tax experts for the introduction of an annual wealth tax of 2% on individual assets over £10 million, which could raise an estimated £24 billion each year; believes that such a measure would represent a fairer alternative to cuts and could provide urgently needed resources to tackle the poverty and inequality that blights our society; and calls on the Government to bring forward proposals for such a tax on extreme wealth ahead of the next Budget.

The first 6 Members who have signed to support the motion are the sponsors. The primary sponsor is generally the person who tabled the motion and has responsibility for it. The date shown is when the Member signed the motion.

Burgon, Richard
Labour
Signed on 21 July 2025
Leeds East
Primary
Hussain, Imran
Labour
Signed on 21 July 2025
Bradford East
Ribeiro-Addy, Bell
Labour
Signed on 21 July 2025
Clapham and Brixton Hill
Osborne, Kate
Labour
Signed on 21 July 2025
Jarrow and Gateshead East
Johnson, Kim
Labour
Signed on 21 July 2025
Liverpool Riverside
Byrne, Ian
Labour
Signed on 21 July 2025
Liverpool West Derby

In addition to the sponsors, the following Members have signed to support the motion.

Trickett, Jon
Labour
Signed on 21 July 2025
Normanton and Hemsworth
Witherden, Steve
Labour
Signed on 21 July 2025
Montgomeryshire and Glyndŵr
Abbott, Ms Diane
Independent
Signed on 21 July 2025
Hackney North and Stoke Newington
Lavery, Ian
Labour
Signed on 21 July 2025
Blyth and Ashington
McDonnell, John
Independent
Signed on 21 July 2025
Hayes and Harlington
Eccles, Cat
Labour
Signed on 21 July 2025
Stourbridge
Begum, Apsana
Independent
Signed on 21 July 2025
Poplar and Limehouse
Morris, Grahame
Labour
Signed on 21 July 2025
Easington
Lewis, Clive
Labour
Signed on 21 July 2025
Norwich South
Maskell, Rachael
Independent
Signed on 21 July 2025
York Central
Butler, Dawn
Labour
Signed on 21 July 2025
Brent East
Leishman, Brian
Independent
Signed on 21 July 2025
Alloa and Grangemouth
Duncan-Jordan, Neil
Independent
Signed on 21 July 2025
Poole
Long Bailey, Rebecca
Labour
Signed on 21 July 2025
Salford
Khan, Ayoub
Independent
Signed on 22 July 2025
Birmingham Perry Barr
Lake, Ben
Plaid Cymru
Signed on 22 July 2025
Ceredigion Preseli
Medi, Llinos
Plaid Cymru
Signed on 22 July 2025
Ynys Môn
Saville Roberts, Liz
Plaid Cymru
Signed on 22 July 2025
Dwyfor Meirionnydd
Davies, Ann
Plaid Cymru
Signed on 22 July 2025
Caerfyrddin
Eastwood, Sorcha
Alliance
Signed on 22 July 2025
Lagan Valley
Blake, Olivia
Labour
Signed on 22 July 2025
Sheffield Hallam
Berry, Siân
Green Party
Signed on 22 July 2025
Brighton Pavilion
Mohamed, Iqbal
Independent
Signed on 22 July 2025
Dewsbury and Batley
Adam, Shockat
Independent
Signed on 22 July 2025
Leicester South
Hanna, Claire
Social Democratic & Labour Party
Signed on 23 July 2025
Belfast South and Mid Down
Chowns, Ellie
Green Party
Signed on 1 September 2025
North Herefordshire
McDonald, Andy
Labour
Signed on 1 September 2025
Middlesbrough and Thornaby East
Ramsay, Adrian
Green Party
Signed on 8 September 2025
Waveney Valley
Whittome, Nadia
Labour
Signed on 10 September 2025
Nottingham East
Opher, Dr Simon
Labour
Signed on 10 September 2025
Stroud
Doogan, Dave
Scottish National Party
Signed on 16 September 2025
Angus and Perthshire Glens
Logan, Seamus
Scottish National Party
Signed on 13 October 2025
Aberdeenshire North and Moray East
Leadbitter, Graham
Scottish National Party
Signed on 13 October 2025
Moray West, Nairn and Strathspey
Eastwood, Colum
Social Democratic & Labour Party
Signed on 15 October 2025
Foyle
Denyer, Carla
Green Party
Signed on 15 October 2025
Bristol Central
Stainbank, Euan
Labour
Signed on 20 October 2025
Falkirk
Corbyn, Jeremy
Independent
Signed on 30 October 2025
Islington North
Lewell, Emma
Labour
Signed on 30 October 2025
South Shields
Beavers, Lorraine
Labour
Signed on 30 October 2025
Blackpool North and Fleetwood
Foy, Mary Kelly
Labour
Signed on 3 November 2025
City of Durham
Hussain, Mr Adnan
Independent
Signed on 13 November 2025
Blackburn
Duffield, Rosie
Independent
Signed on 13 November 2025
Canterbury
Gwynne, Andrew
Independent
Signed on 13 November 2025
Gorton and Denton
Barron, Lee
Labour
Signed on 13 November 2025
Corby and East Northamptonshire
Gardiner, Barry
Labour
Signed on 13 November 2025
Brent West
Qureshi, Yasmin
Labour
Signed on 17 November 2025
Bolton South and Walkden
Smith, Cat
Labour
Signed on 20 November 2025
Lancaster and Wyre

There are no withdrawn signatures for this motion.