Religion and Ethics Forum

General Category => Politics & Current Affairs => Topic started by: Aruntraveller on October 25, 2021, 09:50:14 AM

Title: Millionaires now asking to be taxed more.
Post by: Aruntraveller on October 25, 2021, 09:50:14 AM
How is this happening? Millionaires showing more awareness of gross inequality in our society than our government is:

https://www.theguardian.com/news/2021/oct/25/millionaires-petition-rishi-sunak-to-introduce-wealth-tax?

On second thoughts, the government is quite aware of the inequality. Just indisposed to do anything about it.
Title: Re: Millionaires now asking to be taxed more.
Post by: jeremyp on October 25, 2021, 10:35:27 AM
It's only 30 of them. There are a lot more millionaires in the country than you might think. For example, if you add up all of my assets: property, pension, ISA, I just about creep over the line.
Title: Re: Millionaires now asking to be taxed more.
Post by: Steve H on October 25, 2021, 10:54:07 AM
Being a single millionaire is no big deal nowadays. In London, many fairly ordinary houses cost over a million.
Title: Re: Millionaires now asking to be taxed more.
Post by: Aruntraveller on October 25, 2021, 11:04:39 AM
It's only 30 of them. There are a lot more millionaires in the country than you might think. For example, if you add up all of my assets: property, pension, ISA, I just about creep over the line.

Indeed so. But they are talking about the ones with above 3.6 million - 1% of the population.
Title: Re: Millionaires now asking to be taxed more.
Post by: Walt Zingmatilder on October 25, 2021, 12:02:09 PM
Poor people don't buy things.
They create a black economy.
Economically trickle down eventually makes no sense.
I think the last time british society came to this realisation was early to mid nineties. The tories were caught lagging then.
Title: Re: Millionaires now asking to be taxed more.
Post by: Walt Zingmatilder on October 25, 2021, 12:06:49 PM
It's only 30 of them. There are a lot more millionaires in the country than you might think. For example, if you add up all of my assets: property, pension, ISA, I just about creep over the line.
I'm available for dinner and a show.
Title: Re: Millionaires now asking to be taxed more.
Post by: jeremyp on October 25, 2021, 02:24:18 PM
I'm available for dinner and a show.

Unfortunately, I'm only a millionaire on paper. I can't sell my house because I need to live in it. Dinner and a show will have to wait.
Title: Re: Millionaires now asking to be taxed more.
Post by: jeremyp on October 25, 2021, 02:26:10 PM
Indeed so. But they are talking about the ones with above 3.6 million - 1% of the population.

It wasn't my point that millionaires shouldn't pay more tax. I was just saying that it is only a tiny minority of them arguing that they should.