We need to stop wealth accumulation. There are finite resources, and we need to share. Earth is for everyone. #wealthtaxes
thenewamerican.com/us/economics...
“The trouble with socialism,” said late British leader Margaret Thatcher, “is that eventually you run out of other people’s money.” Socialism also, one might add, can make the people with money run out.
#wealthtaxes #NYC #Mamdani #taxes #wealth #economics
"Good taxation has to attack this growing inequality. [...] it's about fairness, it's about democracy, but its also about economic growth."
Nobel Prize-winning economist Joseph Stiglitz makes the case for #WealthTaxes at the recent EU Tax Symposium in Brussels.
It's not just people in the UK looking to #WealthTaxes to solve the inequality crisis. Check out the latest from @TaxJusticeUK. taxjustice.uk/blog/one-wea... #WealthTax #TaxTheRich #TaxBillionaires
People who oppose wealth taxes in Norway seem obsessed with Spotify. If only Norway cut wealth taxes, it too could have a Spotify. It's like they don't understand the difference between market cap and actual value creation.
#wealthtaxes #formuesskatt
Zack Polanski @zackpolanski.bsky.social and the #GreenParty are right: university should be free. It is beneficial for all of society to have citizens educated to a higher level. #WealthTaxes could help rebalance the economy towards education
#StudentLoans
www.thecanary.co/uk/analysis/...
#Norway 's lesson for #Europe on #wealthtaxes: let some millionaires go
#EconSky #taxes
bit.ly/4iezEa6
Just in case somebody tries to avoid implementing #wealthtaxes again
youtu.be/6DXZMXZCY0I
What did Thomas Paine think about wealth taxes? Vanessa Williamson and Jeremy Bearer-Friend show that wealth taxes aren't a new idea—and one consistent with strands of discourse in the Revolutionary Era.
#tax #taxlaw #taxpolicy #wealthtaxes
TaxProf Blog: bit.ly/3LGntXC
Our society should be implementing socio-economic goals geared to #wellbeing for all not more and more money for a privileged few.
#wealthtaxes #makerichpolluterspay
conserverliving.blogspot.com/p/creating-c...
I was not expecting to hear Marlene Engelhorn talking about the nature of inherited wealth on a BBC radio comedy:
www.bbc.co.uk/sounds/play/...
#wealthtaxes
The 50 richest billionaires produce more carbon pollution in 90 minutes than the average person does in a lifetime. No surprise then that Greens want #WealthTaxes and the redistribution of wealth and power. Go @zackpolanski.bsky.social !
www.oxfamamerica.org/press/billio...
Screenshot of an Exress story headline asserting that the Greens are a dangerous, communist party once just about trees and animals.
The Greens were never, ever, just about trees and animals. Redistribution of wealth on a big scale has always been there. Why? Social justice and ecological justice are inseparable. The rich and super-rich abusively exploit people and the environment. #wealthtaxes
Since Zack (& many others) seem unaware of them, here's a list of all the #Wealthtaxes so far applied by this Labour Government.
We can be 100% certain there will be more in the November Budget.
''It found that the top 400 wealthiest Americans had a total effective tax rate of 23.8 per cent of income in the years from 2018 to 2020, including individual income taxes, estate and gift taxes, and corporate taxes.'' #TaxTheRich #Taxes #WealthTaxes #Zucman #IncomeTaxes www.ft.com/content/43ab...
The election was dominated by the cost of living, #wealthtaxes, oil fund investment in #Israel & relations with #Trump.
On the right, there was a surge in support for Progress ( #MAGA).
Centre-left victory leaves #Norway an outlier from their neighbours, #rightwing governed Sweden & Finland.
TUC calls for wealth taxes to support public services in November Budget killbait.com/en/tuc-calls... #politics #wealthtaxes #publicservices #ukeconomy
Most of the Blue States could implement #WealthTaxes and cover most of this without federal intervention.
That would secure the next election more than simply trying to counter-cheat the next vote.
@governor.ca.gov is banking on panic and pathos, not really ethics and policy.
Instead of listening to Tax 'Experts' to the Obscenely Wealthy telling us " #wealthTaxes never work", look to countries where it DID work, study them, copy them & improve them:
#EatTheRich
www.theguardian.com/politics/202...
Countries eg Spain, Switzerland successfully using #WealthTaxes to raise significant sums for generations. Economists say UK can overcome tax avoidance by the rich, using digital technology, studying countries with wealth taxes, & pioneering a progressive tax system “fit for the 21st century”.
They're going to raise OUR taxes and not the taxes for the RICH!!
#Economics #Econsky #Politics #UKPolitics #Trend #GaryStevenson #GarysEconomics #WealthTaxes #Taxation #Inequality #WealthInequality #IncomeInequality #Capistalism #TaxTheRich #EatTheRich #KeirStarmer #Gary
youtu.be/KHdUAZnGS50?...
"If a wealth tax in the UK took in similar percentages [to those raised by the same in Norway and Switzerland], it could raise between £20bn and £45bn."
@martinsandbu.ft.com dispels some of the myths swirling around #WealthTaxes, in the @financialtimes.com.
www.ft.com/content/7ec2...
Several 'tax experts' - ie, professionals who help the rich avoid as much tax as possible - have noted that #WealthTaxes around the world rarely work.
So HOPEFULLY Starmer will look at the systems that HAVE worked around the world.
Why won't #Labour impose #WealthTaxes (especially when #PatrioticMillionaires are literally crying out for it)? The only conclusion one can draw is that they don't want to piss off potential donors - I guess #disabled people haven't been forthcoming enough with the free specs and #TaylorSwift tix…
Richard Burgon is presenting a petition for #WealthTaxes, Not Disability Cuts in Parliament on Monday. Makes perfect sense to me! Please help hit the 100k mark and sign the petition today.
chng.it/2S2kX8CSVS
The Sunday Times Rich List was recently published💸📰
While the billionaire count is down, inequality remains gargantuan
This is why we support #wealthtaxes, a tax for the very rich, measured against the total value of assets, including land, property, stocks and savings 📈
Link in comments 🔗
Watching #QuestionTime from two weeks ago. Many issues raised with #wealthTaxes - principally capital flight, collection, and reduced investment when wealth is taxed. The figures from Adam Smith Institute on rich leaving UK due to taxes quoted.
I’d be interested to know the detail from wealth […]
OPFS response to Spring Statement 2025
Today's #SpringStatement
If the UK Gov. is serious about its ambitions to tackle #ChildPoverty, Rachel Reeves can't afford to rule out #WealthTaxes.
Read our full response:
opfs.org.uk/get-involved...