Rachel Reeves urged by Labour MPs to prioritise wealth tax over benefits cuts

11 comments

1. didnt Starmar just say he is planning to give Elon Musk a tax cut?

   Who is seriously left buying the rubbish the Government is putting out.

2. In the same week of the headlines about millionaires leaving Britain in droves. The net result of that is income taxes and/or vat must rise to make up for the loss in revenue from the bigger whales.

3. Really baffled by the damage this party are inflicting on themselves. They opened with taking away pensioners winter fuel allowance and went downhill from there. It’s as if they wanted to prove they could win an election but don’t actually want to govern.

4. The wealthy already pay a disproportionate amount of tax, if we drive them away, we the workers will make up the shortfall, we already are by stealth, with a decrease in jobs and opportunities

5. Her and starmer won’t though, it’ll end up in court cases. They’re a pair of weasels who have no empathy for the disabled

6. Problem is, people with the money give them jobs to speak for ten minutes and had them 100’s of thousands an hour. Wouldent want to piss the suger daddys off, hence the labor left.

7. Left wing politicians prefer to take something from someone they think has too much (i.e. more than they have) and give to someone they think needs more stuff for free. No shit.

   That’s democracy – there are more people who will vote for free stuff from someone else, than there are people to take from. Problem is, those people who have things taken from them will go elsewhere, then what happens?

8. Stop these wealth tax delusions, there will be no wealth tax

9. Why is it controversial to be against rewarding laziness?

10. Reminder of the effective tax rate of these companies operating in the UK

    * **Amazon UK** – **0.07%**
    * **Starbucks UK** – **1.3%**
    * **Facebook (Meta) UK** – **2%**
    * **Google UK** – ~**3%**
    * **Apple UK** – ~**2–4%**
    * **Netflix UK** – ~**0.5–1%**

    Now tell me again that they can’t afford it

11. Q: What do the following have in common?

    Austria
    Germany
    Denmark
    Netherlands
    Finland
    Iceland
    Luxumberg
    Sweden
    France
    Ireland
    India

    A: They all had, then abandoned wealth taxes.
    They don’t generate revenue, they just chase the whales away.

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