gordondaviesmoustache
Well-Known Member
It is absolutely a debate that needs happening. It’s such a sad reflection on human nature that many people would prefer hoarding money they don’t need and will never spend to giving it to people who do need it.I know you're joking but I think we have a real issue that any attempt to discuss something that might genuinely assist in improving the lot of what we used to call the working and middle classes is painted as some sort of extremism.
I don't want to kill anyone, rich or otherwise :-) but I would like a public discussion on the potential for an incremental wealth tax on people worth more than £10million rising from 1% to 3% depending on their level of wealth. I'd like to discuss the potential benefits that could have alongside the risks and technical complexity of implementation. I'd like to discuss this for both economic and political reasons.
But instead people want to shut down the debate before it even gets started on the grounds of extremism or impracticality.
Meanwhile our former PM has in effect said it was a mistake for the current government to try and offer the most basic of living wages.
Which of us is the extremist?
Taxing the rich to the hilt is unfair, impractical and would most likely be counter productive. But 1% to 3% is a million miles from the hilt and could transform society.
