Andy Burnham is facing fresh pressure from a key ally to introduce a 2 per cent wealth tax on Britain’s richest people.
Compass, the Labour Party pressure group headed by Neil Lawson, is fronting a new report which includes calls for wealth tax reform.
Lawson is also co-founder of Mainstream Labour, the Burnham-backed faction set up in August last year.
The report, titled Better!, proposes a 2 per cent levy on net wealth above £10m, which it says would raise £24bn a year from around 22,000 people – just 0.03 per cent of the population.
It also calls for capital gains tax to be equalised with income tax, which it says would raise a further £11bn from the very richest.
