Jump to content

 

 

Labour plans tax theft


Recommended Posts

Any self-respecting billionaire has most of their assets listed offshore.

 

Not to forget, this is how many of our multi-nationals manage to avoid paying their taxes but forget that and blame the welfare state scammers for the lack of public funds.

 

 

 

Edited by buster.
Link to post
Share on other sites

4 hours ago, Bill said:

Reports of Labour plans to impose a ‘wealth tax’ on all assets over a certain threshold. That should ensure they never darken the door of No 10 again. 

It strikes me as unfair.

 

People already pay tax on income prior to purchasing assets.  People then pay V.A.T. on many purchases made after that.

 

Why should people then be expected to pay more tax on what is left?

Link to post
Share on other sites

The point of this is that it destroys completely the idea that you're free to earn money and accumulate wealth. What labour is proposing is to impose a (20%?) tax on your assets over an undisclosed value. That means your savings, your house, your car, your pension fund ... all of which you have accumulated AFTER paying tax on your earnings. A wealth tax is the state reaching into your pocket and taking whatever it decides it wants. It is a punishment for success and prudence, justified only by the envy of those who will pay nothing. Isn't socialism wonderful. 

 

 

IMG_1629.JPG

Link to post
Share on other sites

2 hours ago, Bill said:

Isn't socialism wonderful. 

 

IMG_1629.JPG

After 4 decades of neoliberalism, yes, I think socialism is wonderful but you wouldn't know that it was if you read the corporation funded mainstream murdoch media that just prints smear after smear instead of objective journalism which it discourages at every opportunity.

Link to post
Share on other sites

10 hours ago, ranger_syntax said:

After 4 decades of neoliberalism, yes, I think socialism is wonderful but you wouldn't know that it was if you read the corporation funded mainstream murdoch media that just prints smear after smear instead of objective journalism which it discourages at every opportunity.

? You took the words right out of his mouth ?

 

?

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.