Conversation

Notices

1. Torbjorn (torbjorn@toot.wales)'s status on Sunday, 17-Sep-2023 23:36:25 UTC Torbjorn

   in reply to

   • Emeritus Prof Christopher May
   • Richard Murphy
   • East Anglia Bylines

   @ChrisMayLA6 @RichardJMurphy @BylinesEast

   One of the greatest lies about wealth is that Billionaires actually earned it.

   Instead of a “wealth tax” I think the name should be “unearned wealth tax” and state that it is tax on wealth they didn’t actually do any work for. This reframing means all that “I worked hard for my money” rhetoric is weaponised against those who don’t actually work for it.

   • Emeritus Prof Christopher May (chrismayla6@zirk.us)'s status on Sunday, 17-Sep-2023 23:36:26 UTC Emeritus Prof Christopher May

     • Richard Murphy
     • East Anglia Bylines

     Good morning.

     Before today starts why not take the chance to read @RichardJMurphy piece for @BylinesEast on why it makes more #political sense to increase #taxes on the incomes of the rich rather than try to introduce a #wealthtax.

     Revising taxes on income requires pragmatic adjustments to #taxation which is far easier than trying to introduce a new form of wealth tax.

     If you already follow Murphy this will be no surprise, but it you don't this is a necessary read!

     https://eastangliabylines.co.uk/theres-plenty-of-money-its-just-that-the-very-rich-have-got-it-all/

     Wonderskeptic repeated this.