For me the issue is not so much whether the super rich pay their taxes or not. The big issue is whether they spend enough of their money.
If you redistributed all Branson's money to the poorest million in the country they would probably spend all of it. In pubs, shops, restaurants etc
This is good for the economy. Branson has so much money he can't spend even a fraction of it. The super rich stockpiling money is not good for the economy and this is why the sort of inequality we are seeing now is counterproductive.
If you redistributed all Branson's money to the poorest million in the country they would probably spend all of it. In pubs, shops, restaurants etc
This is good for the economy. Branson has so much money he can't spend even a fraction of it. The super rich stockpiling money is not good for the economy and this is why the sort of inequality we are seeing now is counterproductive.