But its progressive. Also remember when people suggest unemployed people shouldnt be able to get housing benefit to live in expensive areas the cry of the left was "but they have lived here for … (View Post)

Don't forget germany which shut down its nuclear plants, not only build lignite plants to make up but has bulldozed at least one windfarm to open an opencast lignite mine....oh but global action… (View Post)

All proposals for wealth tax have so far been on the value of the house, nothing as far as I know has ever been mentioned about taxing just the principal you own. As I pointed out it would encourage … (View Post)

Of course they would they would be paying a wealth tax on the value of the house, not the capital they had paid off in their mortgage, doing anything else would just incentivise everyone to take out … (View Post)

You seem to think only the rich will pay a wealth tax. Clue they wont Renters will have the wealth tax added to their rent People who have paid off 10% of a 400,000 pound house will be paying wealth … (View Post)