Why the UK Won't Tax Wealth
A working professional on £110k pays 60% at the margin. A duke passing farmland through the right relief pays close to nothing. Britain taxes income, not wealth. By design.
#WealthTax #InheritanceTax #ProgressiveTaxation #UKPersonalFinance
No One Should Be Allowed a Trillion Dollars in Untaxed Wealth #ABlueView 🧵1/2
The WSJ has an eye opening, free article that helps you realize how phenomenally big a number a trillion is: https://twp.ai/WprtFM
There is no justification for such beyond-the-pale wealth to go untaxed.
Encircling the Royalists
#GaryStevenson #wealthtax #reformism
https://www.wsws.org/en/articles/2026/06/07/vyuq-j07.html
... Gary Stevenson correctly senses that global inequality, militarism and far-right reaction are inseparable. But one cannot fight them through a tax accord among capitalist governments. The same ruling classes presiding over austerity are rearming at breakneck speed. The struggle against war and social collapse demands the global unification of workers against every national bourgeoisie and its state.
A mansion tax is gaining traction as a potential fix for housing inequality. Could it actually help, or just create more problems?
#MansionTax #HousingInequality #HousingCrisis #EconomicPolicy #WealthTax
It not only takes money out of the economy, hoarding money in stock, land and similar assets drains government revenue.
Without real #WealthTax , capital gains come way too late, too low and are easily avoided through loans and other financial games. And of course, there is offshore hiding of wealth.
Low growth and government deficits come not from the welfare state or gov infrastructure spending, but from the rich not spending or paying taxes.
#TaxTheRich
Are we finally going to see a #WealthTax built to address inequality and government corruption?
#Hungary
Orbán’s oligarchs on edge as Péter Magyar poised to launch wealth tax
https://www.theguardian.com/world/2026/jun/02/orban-oligarchs-on-edge-hungary-wealth-tax-peter-magyar
Freedom Isn't Free
ABlueView
The American Prospect - Independent news and political analysis [Unofficial]
📎Wicked Lizzie🐸
John Wilson WSWS
Benjamin Carr, Ph.D. 👨🏻💻🧬
Mojo ♻️
TC Won't Give In To Lies
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