Not tax, actually inheritance.
Making property worthless, since it cannot be transferred.
Sorry, excuse me, you’d need a brain to think of that.
Why wait until they’re dead to steal their life savings? Why not make saving illegal?
After all, keeping your earnings is selfish, what are you going to do with that money?
Ban compound interest, it causes inequality.
If only the State owns property, the People have nothing and will give up their labours in short order. Cattle think the grass belongs to them.
Picture the psychology of these people.
This is where ‘wealth tax’ always leads – you have more, I can steal it, because I don’t have it.
They hate nationalism but they love nationalizing on behalf of the Queen’s property portfolio – except council tax means you don’t actually own freehold. It’s a license to pay further tax (after income, VAT, state admin, legal fees, stamp duty etc).
In other words, encourage people NOT to save for retirement, for the future, because anything you don’t spend will be stolen (confiscated, if you wish to be polite) by the state to subsidize those who do not save, or plan ahead.
They already do.
There’s no rationale for inheritance tax.
You’re taxed for dying.
It was a recent change and intended to be temporary.
Now the Government is a 40% stakeholder in all profits you make but no debts.
It’s fucking rigged.
Keynesians want to destroy a house to create jobs to build another.
They’re the four economic horsemen of a real Depression.
this economic illiterate should be shot, or at least laughed out of the room
Economics is by no means my main gig and I see this plain as the egg on this bitch’s face, I’m ashamed to share a sex with this vapid ditz.
best short comment
Funny how the Guardian socialist readership suddenly become all right wing when faced with the prospect of losing their inheritances. Tax the *other* rich!
This authoritarianism is why the People always killed the Communists.
Equality is evil. Behaviourism proves why Communism will never work. Hell, just the Marshmallow test! Same opportunities, differing outcomes! THE NASH EQUILIBRIUM.