Readers torn on wealth tax – from ‘the only counterbalance’ to ‘utterly counter-productive’

CHris Blackhurst’s claim that England claims that he can “meet” a heat tax, Independent Readers who are deeply divided into whether the extreme reserve is fair, applicable or economically logical.

Many supported Lord Kinnock’s call to a commentator called “obscene reserve tax ve and argued that asset values ​​have increased while wages stopped.

They claimed that ultra -wealthy taxation is the only way to re -balance a system in favor of those who earn more money than to work. Many called for land value tax, more fair, more difficult to escape and insisted that it was delayed.

Others were not convinced by questioning the practicality of taxation of reserves, especially when they are connected to private businesses or properties. Someone said: “How do you tax the value of something that cannot be easily sold?” Another warned that entrepreneurs would only leave the country and receive business and investment with them.

There were strong words for labor on the charges of the party chasing populism over the solid economy. However, as many readers claim that the real risk does nothing – it allows the inequality to increase as public services disintegrate.

Here is what you have to say:

Obscene Service Tax

It’s not a reserve tax we need.

This is an obscene taxation tax.

If you simply earn more money than earnings, and a super -rich class, when it does not see ashamed of having such a grotesque amount, an obscene delegation tax is the only possible balance against the inevitable money concentration in the hands of a continuous shining number of capitalism.

It may not work. But we should try it.

Hehitthattoowellive

Land value tax

The government should look at the resurrection of an idea that has become a law hundred years ago – the land value tax. Property and definition have a lot of money to be perverted to not taxing.

Rich individuals buy land as a means of avoiding taxes, and some landowners have managed to avoid paying taxes for centuries as their territory owner through confidence.

Tax. The land cannot be taken abroad and it is an unjust tax that cannot be prevented by “who or whatever it has. You do not tax any property itself, you tax the value of the land where it lives. This gap would rise to billions.

Flying Scot

Do you think that Britain should bring a reserve tax to super -rich to finance public services? Share your views Comments.

Socialism exists only for the rich

I see that big salaries attract the best people for certain positions, but that’s not the problem. The problem is that the first 1 percent of the rich people has more than the lowest 50 percent. The gap between the very rich and the working class is large and it just expands.

A long time ago, it wasn’t when a good working class wage could buy a house, a car, and still managed to bring a few children. While socialism exists only for the rich, working classes, disabled people and now disabled children aim to gather more money.

Plastic clown

How do you value a private enterprise?

In the UK, the majority of people with more than £ 10 million personal authority in the UK are entrepreneurs or business founders, and almost all of their reserves are in the form of shares. These enterprises will mostly be done specially, so there is no price discovery mechanism that can value them.

Therefore, in order to do this, the government will have to accurately predict the value of every private enterprise in the UK annually. They’ve been appealing in court for decades, because the value of an enterprise is ultimately that “someone else is ready to pay for it”.

There is no universally agreed formula.

However, long before this became a problem, every high net valuable business owner would have re -hosting his business abroad and leave the country well, probably he would take all the work with them.

SJ99

Millions remove the money from the economy

Winter fuel allowance, teacher fees and special needs support for the money spent, remains in the economy because it cannot be saved.

Servet, who accrues to Millionaire CEOs, usually leaves the economy through tax -saving programs in foreign judicial regions.

Millions and billionaires are making money from our economy because they don’t live for Paycheque Paycheque.

Rodaraskolnikov

High salaries create taxes, do not drip

Lord Kinnock is absolutely right about something: a reserve tax among voters will be quite popular.

What’s going to get money from the rich SO-AD-SO and give me some?

What the supporters do not understand is that high salaries attract high taxes and the treasury is undoubtedly grateful. However, there is no significant multiplier effect.

Established by rich people (or companies that are rich due to the value of these companies), paying income tax and revenue, producing pensions for retirees, attracting VAT, exposure to company tax and paying dividends paid dividends employ workers.

So it has a big tax multiplier function. It is not a good idea to prevent this process.

Old respectful

GOVERNING WILL NOT ENTER YOU

The problem is: How do you define wealth?

I am a working class and I live in a house in a neighborhood once. It is more worth more than I paid 50 years ago. An entity that can withdraw a leyal tax.

But there is no way to meet 10 percent or even 1 percent of my existence in a reserve tax every year.

I can move, but stamp tax and other costs make it attractive – assuming that I can find a suitable property for an aging couple.

How fair is this?

English

Who are the real reserve creators?

The country has the option to keep a declining tax system and reduce public services or do something about it.

I do not see any reason why capital earnings should not be the same as income.

Why does this country allow rich ransom -like threat to dominate financial policy?

Who are the real reserve creators? Of course, those who do the job.

The land value tax is another possibility. They cannot buy their land and their homes abroad.

International cooperation will of course be a great help, so that low -fertile regimes stop existence.

Regardless of the distribution of reserve has become unequal in recent years. If nothing is done, the economy will be broken as we have already seen.

The rich will always be caught and offer a special pleading.

Those who are not yet rich, declining taxation, cut their own throats.

Rabbit

The best bosses will not escape because they lose £ 1 million

A good part of the collapse of Labour’s support is that they intend to avoid significant tax increases for the rich, but they intend to punish the disabled and others under the scale of hearing.

Undoubtedly a complex problem, but a few things hit me:

1. If the income of the upper boss falls up to 2 million pounds per year as a result of extra tax, will it be impossible to find someone who is authorized to do the job at a lower rate (assuming that it is the first scarpers abroad)?

2. Is there any review of the claim that we need to pay the best rates to get the best ability?

For example, the main skill shown by the bosses of the water company seems to be the lowest for others, and the lowest benefit to others. Is that what we pay the best prices?

It is funny how the same argument is somehow for people who do something useful like care workers.

Eadwine

Retail is not broken

Unfortunately, this is based on the belief that he fell completely and only, which is largely wrong.

And ‘reserve’ does not benefit the country – spent on another place and deposited.

It has easy to verify by a tax, drone or satellite based on land ownership and use, and has the open ownership recorded by the land registry, and can also end the rents …

It should not be contentious to claim that millionaires and billionaires should contribute more and that they suggest that all working people are paid the payment of minimum life fees and to be taxed from people who can pay for those who cannot work full -time.

Topsham1

Popular, but opposite productive

As Colbert said more than 300 years ago:

“The art of taxation consists of excavation to get the largest possible feathers with the least amount of hissing.”

With a reserve tax, a government receives neither a feather nor asing, because the rich leave the country for more hospitable shores.

The idea is popular, but at the same time completely against productive.

Paul

The rich pays the tax already

Many leftists think that they pay too much taxes and instead of the government should wet the rich.

The truth is that the majority of people in England are clear buyers.

The first 10 percent of the winners pay about 60 percent of the tax, and the tax rate in the UK is one of the lowest levels of Western Europe.

If you want good services, pay for them.

Yetanothername

When is it a problem to create a reserve?

When someone starts and enlarges, it risks its savings and even their homes. They work for long hours and they only make profits and enlarge the business if they offer people’s goods and services.

In addition, they create jobs that will not exist otherwise, otherwise they pay taxes that will not be paid.

At what point is any of this generation of self becomes a problem?

Sign

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