That’s the uncompromising view of Jake Atkinson, campaigns manager for Tax Justice UK.

The Daily Express asked three experts whether Chancellor Rachel Reeves should target super-rich Brits by making them hand over a percentage of their assets to HMRC every single year.

Atkinson is the first of those - and he’s in no doubt: Britain needs a wealth tax now.

He says it could raise billions while only hitting a fraction of the population. And three-quarter of Britons agree with him, polls suggest.

Here's what he has to say. They're his views, not mine. So what do you think?

Atkinson writes:

Living standards have stagnated, our public services are on their knees, and people across the UK are struggling.

Now the Government is cutting disability welfare, punishing the most marginalised whilst protecting the very richest.

The reality is the UK is the sixth richest country in the world. We could have strong investment in our hospitals, schools and communities, but instead this wealth is overwhelmingly held by a small number of billionaires and the super rich.

A wealth tax would help tackle this inequality crisis: a 2% tax on wealth above £10million would raise £24billion a year.

This is more than four times the planned cuts to welfare.

Critics and vested interests would say a wealth tax is hard to implement, pointing to the one in France which was replaced in 2018.

But this had a far lower threshold, making it applicable to hundreds of thousands.

A threshold of £10million would only affect about 20,000 people, some 0.04% of the population, making it far easier to administer.

The Government could also choose to introduce asset registers, which could also help crack down on dirty money. That’s an issue the Foreign Secretary has championed.

Critics say a wealth tax would make the richest flee the UK. These claims are not based on robust research and are sensationalised.

A small increase in Norway’s wealth tax saw 30 people relocate, which is a mere 0.01% of the 236,000 millionaires and billionaires in Norway.

Crucially, the lost revenue from those leaving made up a tiny percentage of the revenues gained from the increase.

The Tax Justice Network also found just 0.01% of the richest households relocated after wealth tax reforms were introduced in Sweden and Denmark.

A recent poll by Patriotic Millionaires UK found that 63% of millionaires support a wealth tax.

Work is currently taxed more than wealth, leading to multi-millionaire Rishi Sunak paying the same rate of tax as a teacher.

With millions feeling the sting of inequality and underinvestment in childcare, social care and housing, it is only right that the broadest shoulders can contribute more. An annual wealth tax is the smart economic and political choice.

That’s Atkinsons view. But will a wealth tax do more harm than good? Our two other tax experts think so. Watch out for them.