UK Exodus of Millionaires Highlights Concerns Over Labour’s Tax Policies

[James105]

4 minutes ago, Chomper Higgot said:

The most effective way to address growing wealth inequality is to reverse ‘trickle down economics’.

 

 

So your problem is with capitalism?  Any suggestions of which successful communist/socialist country the west should try to emulate to deal with this problem?  Note: Sweden / Denmark / Norway are not and continue not be socialist countries.  

 

Or perhaps the problem is with your perception and the diet of misinformation you consume.  In every conceivable metric (despite some rich people getting richer) living standards have risen, people are living longer and poverty has decreased.  People living today have higher living standards than people who lived 50/100/200/500 years ago.  How do you explain that?     

[KhunHeineken]

22 minutes ago, James105 said:

Lets say 50% of them do and then that removes 15% of the tax income for the country. 

Most millionaires pay no tax.  They hide behind trusts, companies etc, etc.  All legal, but at the end of the day, and many other countries are the same, the wealthy do not pay their fair share.   

[PomPolo]

20 minutes ago, proton said:

The trouble with socialism is that you eventually you run out of other peoples money- The last decent PM we had

This is my favourite and the most accurate post in the Topic!

[KhunHeineken]

14 minutes ago, James105 said:

In every conceivable metric (despite some rich people getting richer) living standards have risen, people are living longer and poverty has decreased.  People living today have higher living standards than people who lived 50/100/200/500 years ago.  How do you explain that?

Advances in technology, and medical treatments.  Also, generous welfare systems. 

 

50 years ago, if you didn't work you would starve to death.  Now, the government pays you to be unproductive, and who picks up the bill, not the rich, it's the middle class who work hard and struggle to pay the bills.   

[PomPolo]

Why did the socialist refuse to play Monopoly?
Because every time they passed "Go" they had to give away their $200 until the bank went bust!

[Nick Carter icp]

2 hours ago, MalcolmB said:

I left last year.

Heavy taxes were not the reason.

Heavy women with bad attitudes and the depressing weather were the main reasons.

Thailand gives me a better lifestyle in nearly every way

 

  How does that fit in with thread topic ?

[Nick Carter icp]

1 hour ago, KhunHeineken said:

Most millionaires pay no tax.  .   

Provide a Link please