Unite calls for 1% wealth tax on ultra-rich to fund UK public sector pay rise | UK News

Britain's second-largest trade union is urging the new Labour government to impose an emergency 1% wealth tax on the wealth of the ultra-rich, giving public sector workers a 10% pay rise and filling 100,000 vacant NHS posts.

Unite's demands are one of several motions tabled at the Trades Union Congress in Brighton next month, which will highlight tensions between Keir Starmer's government and parts of the union movement. It is due to be published on October 30, when Rachel Reeves prepares her first budget as Chancellor of the Exchequer.

Labour MPs and ministers believe the TUC conference could be the moment when the effective truce that many unions and Labour have helped to support Starmer’s general election campaign begins to break down as the prime minister and Reeves double down on their commitment to fiscal responsibility and stress that tough choices are needed to get the economy back on track.

Other major unions are preparing to call on Labour to make further policy changes, including scrapping the two-child benefit cap, which Starmer has so far opposed, and reversing a recent decision to cut winter fuel payments for millions of pensioners, which has sparked a bitter backlash among Labour MPs.

Reeves is understood to be considering raising capital gains tax and inheritance tax in the Budget, but United's motion to the TUC conference goes much further, stating that with local governments in financial distress, they cannot wait for economic growth to materialise in the future to stimulate urgently needed public investment.

The Unites plan would impose a 1% tax on assets worth more than £4m, which would raise $25bn a year to fund public services and avoid a return to austerity. Under the plan, anyone with assets worth £6m would be taxed at 1% on the £2m above the £4m threshold. These assets include property, shares and bank accounts, but not mortgaged property.

Unite pointed to research showing the UK's 50 richest families are now worth close to £500bn.

Sharon Graham, Unite's general secretary, said: Unite's resolution to the TUC on the economy calls things by their real names. The UK economy is broken.

Britain led the world’s first industrial revolution, but decades of underinvestment in manufacturing and national infrastructure have left us woefully behind other countries in the new technological era and the transition to net zero.

We need serious investment in our crippled public services and industries to secure a prosperous future for Britain’s workers and communities. Waiting for growth won’t get us the money we need.

Unite donated heavily to Labour in 2019 but did not contribute to this year’s election. He said the election manifesto did not go far enough to protect workers’ rights and jobs in the oil and gas industry.

The RMT Transport Union also submitted a motion to the conference calling for the repeal of unnecessarily restrictive and arbitrary fiscal rules that limit the property tax and the government's ability to borrow to fund public investment.

The shop workers' union USDAW has tabled a motion calling for the two-child allowance cap to be scrapped, while the PCS civil servants union has tabled an amendment to the same motion urging the TUC to oppose cuts to the winter fuel allowance and to tax corporations and the super-rich appropriately to fund the social security improvements outlined in the motion.

The TUC is also expected to demand a wage restoration to make up for a decade of real wage cuts for public sector workers.

The demands would further deepen tensions between Labour and its union supporters, following a series of pay talks between the Starmer-led government and striking workers in industries ranging from health to rail.

What Are The Main Benefits Of Comparing Car Insurance Quotes Online

LOS ANGELES, CA / ACCESSWIRE / June 24, 2020, / Compare-autoinsurance.Org has launched a new blog post that presents the main benefits of comparing multiple car insurance quotes. For more info and free online quotes, please visit https://compare-autoinsurance.Org/the-advantages-of-comparing-prices-with-car-insurance-quotes-online/ The modern society has numerous technological advantages. One important advantage is the speed at which information is sent and received. With the help of the internet, the shopping habits of many persons have drastically changed. The car insurance industry hasn't remained untouched by these changes. On the internet, drivers can compare insurance prices and find out which sellers have the best offers. View photos The advantages of comparing online car insurance quotes are the following: Online quotes can be obtained from anywhere and at any time. Unlike physical insurance agencies, websites don't have a specific schedule and they are available at any time. Drivers that have busy working schedules, can compare quotes from anywhere and at any time, even at midnight. Multiple choices. Almost all insurance providers, no matter if they are well-known brands or just local insurers, have an online presence. Online quotes will allow policyholders the chance to discover multiple insurance companies and check their prices. Drivers are no longer required to get quotes from just a few known insurance companies. Also, local and regional insurers can provide lower insurance rates for the same services. Accurate insurance estimates. Online quotes can only be accurate if the customers provide accurate and real info about their car models and driving history. Lying about past driving incidents can make the price estimates to be lower, but when dealing with an insurance company lying to them is useless. Usually, insurance companies will do research about a potential customer before granting him coverage. Online quotes can be sorted easily. Although drivers are recommended to not choose a policy just based on its price, drivers can easily sort quotes by insurance price. Using brokerage websites will allow drivers to get quotes from multiple insurers, thus making the comparison faster and easier. For additional info, money-saving tips, and free car insurance quotes, visit https://compare-autoinsurance.Org/ Compare-autoinsurance.Org is an online provider of life, home, health, and auto insurance quotes. This website is unique because it does not simply stick to one kind of insurance provider, but brings the clients the best deals from many different online insurance carriers. In this way, clients have access to offers from multiple carriers all in one place: this website. On this site, customers have access to quotes for insurance plans from various agencies, such as local or nationwide agencies, brand names insurance companies, etc. "Online quotes can easily help drivers obtain better car insurance deals. All they have to do is to complete an online form with accurate and real info, then compare prices", said Russell Rabichev, Marketing Director of Internet Marketing Company. CONTACT: Company Name: Internet Marketing CompanyPerson for contact Name: Gurgu CPhone Number: (818) 359-3898Email: cgurgu@internetmarketingcompany.BizWebsite: https://compare-autoinsurance.Org/ SOURCE: Compare-autoinsurance.Org View source version on accesswire.Com:https://www.Accesswire.Com/595055/What-Are-The-Main-Benefits-Of-Comparing-Car-Insurance-Quotes-Online View photos