Indeed the large increase in defence spending in WWII was funded at least in part by high income taxes on the rich - ThreadSky

stevepeers.bsky.social • 7 days ago

Indeed the large increase in defence spending in WWII was funded at least in part by high income taxes on the rich

This is the most dangerous, irresponsible framing imaginable. Not to mention it is bollocks.

The big big winners from positioning Ukrainian security against poor British people & our public services are the far right.
TAX THE RICH TO PAY FOR DEFENSE. PROTECT OUR WELFARE STATE.

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sootie123.bsky.social•7 days ago

If they want to retain most of their wealth afterwards sound like a goo investment. Otherwise they risk losing it all

keohanedan.bsky.social•6 days ago

Indeed, and lots of borrowing, since so much money needed so quickly to ensure survival of the state.

The UK only paid off its WWII debt to the US in 2006.

Plus, there has to be the prospect of a better society to fight for, which is why Labour defeated Churchill in the 1945 election.

simonxfraser.bsky.social•7 days ago

And debt. Except this time the credit card is maxed out and 'invisible earnings' don't build no tanks, drones or artillery ammunition.

tyrannid.bsky.social•6 days ago

And they didn’t protest. They had the most to lose.

damianow.bsky.social•7 days ago

Yes there's nothing else to stop spending on and we must do what Donald says. What is the definition of lickspittle anyway.

damerainbowwarrior.bsky.social•6 days ago

Petition · Tax those with "broadest shoulders"
“For public services to run properly EVERYONE needs to contribute…We want millionaires, billionaires and companies who don't pay ANY tax, to pay a fair share…We want windfall taxes levied.” #WealthTax

https://www.change.org/p/tax-those-...

andybirss.bsky.social•7 days ago

I'm sure Mr Ganesh and his rich friends will be willing to take the hit of higher taxes on them to fund this essential spending.

tomoljenkins.bsky.social•7 days ago

What do we want? #Kriegssozialismus

junqueiraliv.bsky.social•7 days ago

They are so predictable. It's always "welfare state" for them for services which helps the working class. It's always what needs to be cut. They never have a different idea, way to raise the money...just cut services and the services which are available to keep a healthy society. Unreal.

annstapleton8.bsky.social•7 days ago

Surely a secure Europe is the safest place for them to keep their money and pay their taxes. The rich need to stop taking from the rest of us and pay their share

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