YouGov poll: Public want higher taxes on wealth and no bailouts for tax haven companies.

A new opinion poll has found the public supports a wealth tax for people with assets over £750,000.

The 1,682 person YouGov poll reveals the public wants a different way of doing business once the corona epidemic is passed, it found:

• 82% of Brits think tax haven companies should not be given coronavirus bailouts; and
• 61% support a wealth tax for people with assets worth more than £750,000 (excluding pensions and main homes)

​Robert Palmer, Executive Director of Tax Justice UK, said: “The public are hungry for a new deal when we rebuild after this crisis. The government is under huge public pressure not to cave into supporting tax haven companies and it is clear that Brits want to see those who can afford it to shoulder a greater part of the burden to help pay for public services. The message is clear, no more business as usual.”

Tax Justice UK is calling for any corporate bailouts to follow the conditions laid out by the Fair Tax Mark, including requiring companies to lift the lid on their tax affairs, disclose who ultimately profits from their activities, and not use tax havens and tax avoidance structures.

All figures, unless otherwise stated, are from YouGov Plc.  Total sample size was 1,682 adults. Fieldwork was undertaken between 7th - 11th May 2020.  The survey was carried out online. The figures have been weighted and are representative of all GB adults (aged 18+).