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> All together, UK billionaires have 156 billion pounds [1]. Put a 4% wealth tax on that, and you'll get 6.25 billion pounds. You won't even be making their for
by lazyjones 7y ago
> All together, UK billionaires have 156 billion pounds [1]. Put a 4% wealth tax on that, and you'll get 6.25 billion pounds. You won't even be making their fortunes smaller, so you could take that amount for forever.
What a smart and novel idea. Taxing wealthy business owners has worked so well all over the world for years. Let's hope they will never find out about ways to move/split their assets and tax residence.