Seems like tax increases are inevitable at this point, no matter which government we have in charge.
How else are we going to pay for the wealthiest cohort in history to have subsidised energy during the winter?
tax the rich
Tax the fucking rich
Tax wealth, not work.
Tax wealth not work.
And before people kick off with the trope “The rich will just leave!”, they can’t take a physical asset with them, atleast they will be forced to sell it to someone who’s willing to commit to the county and use that asset to generate income and ultimately tax.
At the rate the IMF change their forecasts, does anyone actually take them seriously anymore?
Remove the triple lock (£10bn saved), get rid of winter fuel allowance (£2bn saved), deport illegal migrants and close the hotels (£3+bn saved), stop subsidising worthless qualifications from degree mills (~£10bn saved), scrap all foreign aid (~14bn saved). None of these should be “difficult decisions”.
How about the immobile assets? What if every piece of land on the Registry was in a REIT, UK Company name or a UK citizen name? No more obscure Vanuatu trusts. The disposals would all be pulled into Cap Gains scope on disposal. The tax take would be enormous.
Create a land value tax. Yes it’ll be a fair amount of work to get accurate valuations across the board but you can’t take the land with you as you can other types of wealth.
Doubt it’ll happen as land owners make up most of the political/ruling elite…plus it’ll give farmers another thing to moan about.
People need to not pay attention to the imf lol they are wrong about pretty much everything the project
The wealthiest group are the boomers…..
It’s not difficult, they just don’t want the obvious answer !
> They are expected to provide an economic boost over the medium term that outweighs the impact of higher taxation.
Yay! Don’t matter that half the population already has to rely on food banks, or buying the cheapest (and often least nutritious, most definitely least healthy) food options, raising them taxes will benefit _🎵THE ECONOMY🎵_ so for all we care half the country can starve to death!
Nationalize the trains.
Better public transport is always a net positive for a nation.
They keep beginning for subsidies all the time. Let them go bust then take them over.
Same for water and electricity, why let millionaires pull out money from the country when you can just turn all of these necessities into a public service.
15 comments
Seems like tax increases are inevitable at this point, no matter which government we have in charge.
How else are we going to pay for the wealthiest cohort in history to have subsidised energy during the winter?
tax the rich
Tax the fucking rich
Tax wealth, not work.
Tax wealth not work.
And before people kick off with the trope “The rich will just leave!”, they can’t take a physical asset with them, atleast they will be forced to sell it to someone who’s willing to commit to the county and use that asset to generate income and ultimately tax.
At the rate the IMF change their forecasts, does anyone actually take them seriously anymore?
Remove the triple lock (£10bn saved), get rid of winter fuel allowance (£2bn saved), deport illegal migrants and close the hotels (£3+bn saved), stop subsidising worthless qualifications from degree mills (~£10bn saved), scrap all foreign aid (~14bn saved). None of these should be “difficult decisions”.
How about the immobile assets? What if every piece of land on the Registry was in a REIT, UK Company name or a UK citizen name? No more obscure Vanuatu trusts. The disposals would all be pulled into Cap Gains scope on disposal. The tax take would be enormous.
Create a land value tax. Yes it’ll be a fair amount of work to get accurate valuations across the board but you can’t take the land with you as you can other types of wealth.
Doubt it’ll happen as land owners make up most of the political/ruling elite…plus it’ll give farmers another thing to moan about.
People need to not pay attention to the imf lol they are wrong about pretty much everything the project
The wealthiest group are the boomers…..
It’s not difficult, they just don’t want the obvious answer !
> They are expected to provide an economic boost over the medium term that outweighs the impact of higher taxation.
Yay! Don’t matter that half the population already has to rely on food banks, or buying the cheapest (and often least nutritious, most definitely least healthy) food options, raising them taxes will benefit _🎵THE ECONOMY🎵_ so for all we care half the country can starve to death!
Nationalize the trains.
Better public transport is always a net positive for a nation.
They keep beginning for subsidies all the time. Let them go bust then take them over.
Same for water and electricity, why let millionaires pull out money from the country when you can just turn all of these necessities into a public service.
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