the rich and the poor” is cited as the main reason the British public supports wealth taxes over any other tax rise. Yet despite the public support and the vast revenues to be made, the mere mention of wealth taxes generates huge criticism.
Tax at 10% annually on those with assets over £18m? That's straightforward theft, motivated by envy. The knock-on effects would be catastrophic. This is 🤡 economics.
Wouldn’t it have been nice if there was an opposition leader arguing this, that we could have got behind…
Typical of the left to always want to dip their hands in other peoples pockets!
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