Come l’aliquota fiscale massima è diventata un problema della classe media

Because the UK has literally only cared about the wealthy for the last since forever…….

Taxing wealth over income would lead to a far more equal and meritocratic society.

If taxes aren’t redistributive then wealth will pool at the top and the bottom get poorer and poorer.

Slash income taxes and replace it with a land value tax. Declare what your property is worth annually, and pay a small % each year.

“But what if people understate what their property value is?”

Enshrine into law that property values are public and easily searchable online. If somebody offers your stated value or above you must sell, or update your value to reflect this fair market price, thus paying more LVT.

It makes sure that the most desired land is kept at competitive prices, and would have minimal impact on households except for an annual online form to fill in.

Easy nil-rate band for any property below £X or primary residence, whatever you need to do to make the poorest exempt.

I know dozens of people who are sacrificing production for a sweeter tax position.

Yeah earning just over the 40% bracket won’t be a luxurious life style but it’s more than enough to get by on. Everyone knows once you get solidly into the 40% bracket you’re not going to feel much of a benefit until you’re in low/ mid £100k.

HMRC hasn’t realised yet that holding back the tax bracket and the 60% trap are just causing people to work less and wages to stagnate. They’re not getting more tax, it’s just the economy suffering.

The problem is, HMRC/ the government needs to hold their hands up and say they’re over spending and need to cut lots of services/ projects or (the route they’re actually taking) don’t admit they’re inefficient and try and squeeze more tax out of people.

The implication is that the additional rate threshold should be increased, but there’s no alternative suggested. National debt is 96% of GDP already.