Mick Lynch wants a progressive wealth tax with the richest paying the same as everyone else on PAYE, 47%.
That would bring in hundred of billions, it is time for the richest to pay what everyone else has been paying their whole lives.
That would bring in hundred of billions, it is time for the richest to pay what everyone else has been paying their whole lives.
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The non-dom and residential status for taxes will also need to be change, so that it stops being a tax dodge
Nominally, the treasury has lost nothing.
One is with the overthrow of established elites, as happened in the French and Russian Revolutions.
The other is with the ruling elites backing a rebalancing of the social system
Lynch is suggesting the latter
https://mastodon.social/@Deixis9/113572989634070176
https://www.theguardian.com/politics/2024/feb/24/mick-lynch-says-voters-must-grow-up-and-see-starmer-is-only-alternative?CMP
#ForShame
Apparently they will all leave if they have to pay tax .. let erm go let erm go
Just they will use what power they can to stop it
They are good at dirty tricks
I’d have a bit of that.
What a load of utter bollocks, if they have means to move about, we have to find the means to tax them. They won't go too far if they're making money here.
I could easily live the rest of my life on 1M (£,$,€, whatever).
... it's f**king obvious! ...
Oh, silly me forgot that donors dictate policy!