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Millionaires including ex-footballer Gary Lineker and music producer Brian Eno have written to new Prime Minister Andy Burnham calling for more taxes.
In an open letter, 120 well-to-do Britons told Burnham: “We can afford it. We’re not talking about high taxes for the people who go to work every day, but the very rich whose income comes from the wealth they own.”
The letter, written by veteran millionaires, said it would lead to an equal society and called for “wealth and power from the rich.”
People can voluntarily donate money or shares to the fund using the donation facility.
The group supports a 2% tax on wealth over £10m.
“Millions are veterans,” the letter says. “We love this country and we want it to succeed.
“But success requires investment, and the main source of untapped capital investment is sitting with us, in an unpaid capacity.”
A call for a renewed tax on the rich follows a Similar campaigns in previous years.
Burnham did not rule out a wealth tax when asked about it by Lineker. A few days before he became the prime minister.
At some point, he suggested, he might have a tax to “ask for a little more.”
A recent call by Veteran Millionaires calls for “a new form of redistribution of wealth and power from the wealthy to reinvest in our greatest wealth in every region.”
He added that in his own opinion, most millionaires want higher taxes on themselves.
The letter said: “A few people with old-fashioned economic thinking and a few people desperate to grab every penny they can…Those who cannot see the end of their own interests have no place in designing Britain for the future.”
Other signatories are film director Richard Curtis of Notting Hill and former managing director of the bakery chain Ian Greig, son of the firm’s founder.