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    4 commenti

    1. KenosisConjunctio on

      >The lesson of the decades since the 1970s is that the best way to tax the wealthy is by expanding the base and closing loopholes. That makes a less snappy soundbite than sending rates sky-high, but the evidence and the history shows that it’s fairer and much more effective.

      Argument is that taxes were higher but the rich weren’t really paying them (because their money came in other ways). Begs the question, why not both? If inequality has risen and the top 1% are still growing their wealth disproportionately (i.e faster than everyone else), then why not raise tax rates *and* close loop-holes?

    2. No_Cucumber3978 on

      Let me guess, information technology and globalisation afforded them bigger and better ways to offshore and hide their money?

      Or is it just that stealth taxes and all the rest has allowed them to offset taxation onto the working and middle classes?

    3. isitmattorsplat on

      The rich isn’t 1% in many people’s eyes.

      Aren’t people saying that it’s the 0.1% or even 0.01% they want the govt to target and the wealth hoarders with assets over £10 million?

    4. Baslifico on

      > These rates didn’t just apply to oligarchs. The 83% rate applied to incomes over £24,000; in today’s money, around £120,000. So we’re talking about incomes that were high, but not exceptionally high.

      £120,000 puts you in the top 2% of income earners.

      If they can’t even be honest about that….

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