Stephen Kinsella
@stephenstroud.bsky.social
5.4K followers 460 following 4.4K posts
Ex EU Antitrust Lawyer Chair: Laura Kinsella Foundation, Law For Change, Clean Up The Internet and Press Justice Project; Board member: Hacked Off and Reprieve; Director, Stroud Book Festival Member, UK Trade and Business Commission
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stephenstroud.bsky.social
You agreed Norway raised 2bn, and we are 6 times the size with many more multimillionaires/billionaires.
You are confusing popular and populist.
stephenstroud.bsky.social
I don't think I ever suggested it would be a panacea.
But you seem to agree that in the UK it would raise many billions, which are needed.
Also our polling shows it is popular among those who would pay it, as long as it applies to all.
If there are easier ways, let's try those also.
stephenstroud.bsky.social
Our version, yes. They normally get taken in around the end of this month I think.
stephenstroud.bsky.social
Unlikely. But neither will the 2% tax remove the entire benefit in one year. Unless of course you are phenomenally wealthy in which case well done you.
I get it, you don't like wealth tax. Whether because you would pay it or for some other reason, we are never going to agree.
stephenstroud.bsky.social
Those are not paid by the recipient. The recipient gets a windfall free of tax.
stephenstroud.bsky.social
OK, you are no longer saying that will always be the case. I expect it would be incredibly rare that an individual's assets are so illiquid. But we could devise solutions.

I said it was possible and that it would bring in significant revenue, which you agreed with the examples you supplied.
stephenstroud.bsky.social
No, it is not a "fact".
If you inherit a house, sell it, put that money into your account from which you pay the wealth tax, in what possible sense is that from taxed income?
Also, and more pertinently, even if that small bit of tax did come from earned/taxed income, so what? You remain very rich.
stephenstroud.bsky.social
Bar Council shows how to stand up to bullies and bigots.

@thebarcouncil.bsky.social
shoaibmkhan.bsky.social
The hatemonger Rupert Lowe MP wrote a whiny letter to @thebarcouncil.bsky.social complaining about the Black Interns scheme.

Well done Bar Council and Bar Chair for this robust response.
stephenstroud.bsky.social
Yesterday’s walk and the 5 cygnets still together. How long before they break away?
stephenstroud.bsky.social
We will soon be saying goodbye to the cows on the Commons above #Stroud for another year.
stephenstroud.bsky.social
I suppose it's possible they converted the entire amount into gold which they then melted and had moulded into a statue.
stephenstroud.bsky.social
Next time try “Boris Johnson”. Nothing sticks to him.
stephenstroud.bsky.social
Crypto-fascism.
bremaininspain.com
Several sources told The Observer that the Electoral Commission had been given prior notice by a party, understood to be Reform UK, that it had received a donation made in cryptocurrency in recent weeks.
Reform is the only political party in Europe to accept donations in crypto
Calls for transparency on political funding after first crypto donation made to UK party
Electoral Commission notified of financial contribution, which is understood to have been handed to Reform UK
uk.news.yahoo.com
stephenstroud.bsky.social
I did the economic migrant thing to Belgium for 6 months and came home. Then did it for 20 years and came home.
Most people do return home.
stephenstroud.bsky.social
Some people who oppose wealth taxes totally (choose to) miss the extent to which the debate is also about fairness - both the reality and the perception.
bigissue.com
A typical British worker would need to save all of their earning for 52 years to become wealthy, new research has found.
Typical Brit must save entire lifetime's worth of earnings to become wealthy
www.bigissue.com
stephenstroud.bsky.social
Make Americans Grenouilles Antifas.
stephenstroud.bsky.social
No representation without taxation.
dalevince.com
Why does this tax exile 'foreigner' think our government should discuss policy with him? He should feck off back to Monaco. Made his choice based on his own interest, to avoid tax. Anything he has to say will be only in his own interests, again.

buff.ly/6XvNGfT
Miliband refused to discuss North Sea with me, says Ratcliffe
Ineos owner urges policymakers to reform net zero taxes or risk ‘irreversible decline’
www.telegraph.co.uk
stephenstroud.bsky.social
I would be happy for it to last for the first couple of years or until they achieve a certain modest turnover or value. After that, yes take out cover. And be personally liable for avoidable pollution, personal injury etc.
stephenstroud.bsky.social
You are positing an individual with over £11m net wealth who doesn’t have £20k in the bank.
How are they paying the school fees, nanny and holidays? Do they have to sell shares each time they go to Waitrose?
You keep going on about “taxed income” which you know is largely irrelevant.
stephenstroud.bsky.social
I am just happy that we are now talking more about a “wealth tax” in principle and about a fairer distribution of the tax burden between income and capital.

There are many ways to skin a cat but you do have to catch the cat first.
stephenstroud.bsky.social
At what point do we reach sufficient circumstantial evidence and reasonable suspicion for the police to launch an investigation? Or do they plan to wait until after the next election?
mistyswoman.bsky.social
Oh.
bylinetimes.bsky.social
“Here Farage is, in Gill’s office, with Voloshyn’s wife Nadia, on the day Gill makes an intervention on behalf of Medvedchuk’s channels, with an employee of one of those channels, whose husband started bribing Gill to make these statements 6 days earlier”

bylinetimes.com/2025/10/11/s...
stephenstroud.bsky.social
In that discredited wealth report the only tangible reason they cited for people leaving the UK was Brexit.
Most people are here for a host of reasons: culture, language, schools, safe society etc.
There is little evidence that many will leave because of a 2% tax that they would barely notice.
stephenstroud.bsky.social
No, not necessarily. It is paid out of your bank account, which might have been funded from sale of an asset.
Under our proposal if you have net wealth of £11m you will pay £20,000 tax. Your wealth if prudently invested should have increased by around £500,000 in that time.