Wealth tax insufficient on its own!

Whilst there is little economic need to start repaying the national debt, a wealth tax in a society "that is calling for a fairer social settlement" can certainly be justified, especially after years of callous austerity policies which have widened the inequality gap hugely (Who wants to tax a millionaire? The UK is short on options, 10/12/20). The real tragedy lies in the fact that the UK, the 6th richest country in the world, needs to raise billions "to support small business and help poor neighbourhoods" just as much, and in the same way, as Argentina, a country whose economy does not even figure in the world`s top twenty! A wealth tax alone, however, might well raise £260bn, as the Wealth Tax Commission says, but much more could be raised by chasing tax avoiders and evaders efficiently, increasing capital gains tax to income tax levels, increasing council tax rates on high-value properties, and increasing income tax levels incrementally up to 90% for earnings over £1 million. All of these could be implemented immediately, without affecting spending on the high street in any way, and, no doubt this one-nation Conservative government of ours is contemplating their introduction at this very moment!!