We have of course taken a different approach in the UK - well at least since the 1948 act that established the NHS which also removed the legal requirement to be vaccinated against small pox.
Education, education, education as someone one said. No well educated person would refuse vaccination.
Though the report contains the facts, this headline and standfirst misreport what happened. The junior whip Katie Lam correctly stated the policy: revoking ILR retrospectively was Tory policy from May 5th to yesterday. The leader has ditched that policy. www.independent.co.uk/news/uk/home...
Remember when Farage/Tice were going to sue the company that was supposed to be do their candidate vetting because they still ended up with a bunch of weirdos and racists? If I was Reeves I would be having a very testy conversation with her Estate Agent over just what she was paying their fees for.
This conversation is running into the sand. But fwiw very few countries have a wealth tax. Spain’s is region specific and is collapsing. Norway is the exception. Ask yourself why?
The second rationale is that it can raise money. I’m sure we can agree we desperately need more to be spent on public services. This is why you do need to know how much a wealth tax will raise unless‘fairness’ is your sole justification. It’s dull but the numbers have to add up.
I am strongly in favour of inheritance tax and I would unify CGT and income tax. Additional I favour a land tax. All because these would make the tax system more progressive. I would also limit the opportunities for legal tax avoidance through pension and ISA reform.
Currently 5-6% of the population are claiming PIP, and rising. If you think this is not indicative of some deeply rooted structural problems which are sustainable then we have a very different view of the world.
Nowhere have I questioned the degree or consequences of inequality in the UK. Unlike you, it seems, I think that it took us a long and complex route to get in this mess and will take a long and complex route to get out of it.
The problem with taxing assets is that, with the exception of land, they are mobile. Look at the work of Dan Neidle who has debunked the value of a wealth tax comprehensively. It sounds good but it’s a mirage. FWIW I would support carefully crafted land tax. But your guy’s policy goes much further.
Let’s take tax. According to the Green’s manifesto through a wealth tax and by equaling CHT and income tax (something I would support if indexation was reinstated) it would raise £50-£70bn. Just like that. They don’t split out how much is due to the wealth tax but it’s the lions share.
OK so this is a longer response than I anticipated. I stand by the egotistical label. All populists Farage Johnson Trump and Polanski need to be liked. If you don’t like them why would you buy into their simplistic policies?
