A one-off wealth tax on millionaire couples paid at 1 percent a year for five years would raise £260 billion, according to the final report of think tank, the Wealth Tax Commission.

The Commission recommends that if the UK government chooses to raise taxes as part of its response to the Covid-19 crisis, it should implement a one-off wealth tax in preference to increasing taxes on work or spending.

The report follows research by a team ...