Should the UK increase taxes on the wealthy to fund public services?

Statistics

The proposal to increase taxes on the wealthy in the UK to fund public services is a contentious issue with arguments on both sides:

Pros:

Redistribution of Wealth: Increasing taxes on the wealthy can help redistribute wealth more evenly, addressing income inequality and ensuring that those with the broadest shoulders bear a greater share of the tax burden.
Increased Public Funding: Higher taxes on the wealthy can generate significant additional revenue for the government, which can be invested in public services like healthcare, education, and social security, benefiting society as a whole.
Economic Fairness: Advocates argue that since the wealthy benefit disproportionately from the economy and society (e.g., through the protection of property rights and the use of public infrastructure), it is fair that they contribute more to its upkeep.

Cons:

Economic Disincentives: Critics argue that higher taxes on the wealthy could discourage investment, entrepreneurship, and economic activity, potentially leading to slower economic growth or capital flight, where wealthy individuals and businesses move their assets or operations to lower-tax countries.
Tax Evasion and Avoidance: There's a concern that increasing taxes on the wealthy could lead to more aggressive tax avoidance and evasion tactics, potentially reducing the effectiveness of the tax increase in raising additional revenue.
Impact on Job Creation: Some contend that the wealthy are often business owners who create jobs and invest in new projects. Higher taxes could reduce their ability to invest in the economy, potentially affecting employment and innovation.