Discussion
Perhaps unsurprisingly both Green Parries (Scotland and England & Wales) have highlighted the lack of a major increase on taxation of the wealthy in their repossess to the Autumn Budget.
It seems pretty clear that while the Labour Party has taken the position (widespread in the media) that a wealth tax is ill-advised, the Green Parties are responding to a wide belief in the electorate that higher taxes on the very wealthy are both needed fiscally & fair politically.
@ChrisMayLA6
Given that they're screwing everyone on Basic and Higher rate by not increasing them (again!), why not introduce a "Rich bastard" rate where everyone on, say, 拢175k+ a year has a 60% rate? And make sure to include bonuses and stock options with that.
Sure, it would be unpopular with the actual rich bastards that fund politicians, but does anyone know how much that would rake in, compared to letting inflation push legions of people from Basic into Higher rate?
A space for Bonfire maintainers and contributors to communicate
