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I recently guested on the "What's Left" podcast talking about what the Left gets right and wrong on tax, and why the wealth tax is rubbish:

Dan Neidle

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41,404 görüntüleme • 11 ay önce •via X (Twitter)

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California is making the same mistake that has already been tried in a few European countries. It always fails, the wealthy move, tax revenue declines. “California is now entertaining this wealth tax. Sweden finally learned their lesson when Sweden imposed wealth tax.” “So not a tax on your income, but a tax on how much you have had and saved. And all of the rich people left. Bjorn Borg left, the founder of IKEA left. They all left.” “And Sweden finally said, well, will you come back? And they got rid of the wealth tax.” “California is now entertaining this wealth tax. And it's a terrible idea.”

California is making the same mistake that has already been tried in a few European countries. It always fails, the wealthy move, tax revenue declines. “California is now entertaining this wealth tax. Sweden finally learned their lesson when Sweden imposed wealth tax.” “So not a tax on your income, but a tax on how much you have had and saved. And all of the rich people left. Bjorn Borg left, the founder of IKEA left. They all left.” “And Sweden finally said, well, will you come back? And they got rid of the wealth tax.” “California is now entertaining this wealth tax. And it's a terrible idea.”

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Billionaire wealth keeps piling up. Everyone else is left with less and less. With this mountain of pasta, I show why we need to tax the Billionaires.

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Raghuram Rajan gets triggered on wealth redistribution and suggests people who are obsessed about wealth inequality should do the Communist Revolution instead of wealth tax

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'There is already a wealth tax and that is income tax on the 1%!' Former MEP David Campbell Bannerman hits out at calls to raise tax on the wealthy.

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Polanski, "When I talk about a wealth tax, right wing, and even Labour, ask: what about the wealth creators?" "I want to talk about the real creators in our country" "The people who keep the country running"

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The Government should not be balancing the books on the backs of the poor and disabled. On @lbc I called for a wealth tax instead. A wealth tax of just 2% on assets over £10 million would raise £24 BILLION per year. Let's tax extreme wealth, not punish the poorest.

The Government should not be balancing the books on the backs of the poor and disabled. On @lbc I called for a wealth tax instead. A wealth tax of just 2% on assets over £10 million would raise £24 BILLION per year. Let's tax extreme wealth, not punish the poorest.

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.Mike Novogratz and I discuss how to address wealth inequality in America and why concentration of wealth is a threat to democracy, which has led to the rise of populist anger on both the left and right.

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Anthony Scaramucci

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I honestly can not comprehend the mindset of people like ‘caller Sam’. He thinks people on £100k+ should have a tax rate that is “more than 50%”. On what planet, can anyone think that a person should go to work and the state takes MORE of their wages, than the individual does?🤯 Beyond basic jealousy - Please…anyone…enlighten me as to why on earth that is fair, right or proper?🤷‍♀️ *btw yes, I understand marginal tax rates and tax traps. I am however specifically talking about the increasing of the 45% rate of tax.

I honestly can not comprehend the mindset of people like ‘caller Sam’. He thinks people on £100k+ should have a tax rate that is “more than 50%”. On what planet, can anyone think that a person should go to work and the state takes MORE of their wages, than the individual does?🤯 Beyond basic jealousy - Please…anyone…enlighten me as to why on earth that is fair, right or proper?🤷‍♀️ *btw yes, I understand marginal tax rates and tax traps. I am however specifically talking about the increasing of the 45% rate of tax.

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The campaign for a Wealth Tax is growing from strength to strength. I was recently on Newsnight calling for a Wealth Tax as a fairer alternative to cuts. A 2% Wealth Tax on assets over £10 million could raise £24 BILLION a year. Let's keep campaigning until we get one!

The campaign for a Wealth Tax is growing from strength to strength. I was recently on Newsnight calling for a Wealth Tax as a fairer alternative to cuts. A 2% Wealth Tax on assets over £10 million could raise £24 BILLION a year. Let's keep campaigning until we get one!

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Wealth redistribution never removes poverty; it just distributes poverty so that everyone becomes equally poor. - Narendra Modi My views, on why Modi is right and why the three ideas of the Congress - Wealth redistribution, Appeasement, and Inheritance tax - will destroy India.

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It's time for a wealth tax on the super rich and a tax on excess profits. Those that say a wealth tax is too difficult are mistaken. We seem to be able to get workers to pay tax in a matter of weeks, the system is rigged and the country knows it. #WealthTax NOW! #Budget

It's time for a wealth tax on the super rich and a tax on excess profits. Those that say a wealth tax is too difficult are mistaken. We seem to be able to get workers to pay tax in a matter of weeks, the system is rigged and the country knows it. #WealthTax NOW! #Budget

Sharon Graham

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Arka Wealth sell a scheme they claim avoids *all* tax - corporate tax, income tax, CGT, and inheritance tax - in the UK and across Europe. It's promoted on TikTok to 220k followers. We’ve investigated. It’s nonsense - and dangerous. The Government must act. Here's why 🧵

Arka Wealth sell a scheme they claim avoids all tax - corporate tax, income tax, CGT, and inheritance tax - in the UK and across Europe. It's promoted on TikTok to 220k followers. We’ve investigated. It’s nonsense - and dangerous. The Government must act. Here's why 🧵

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I said last month and I'll continue to ask the question: Why are The Labour Party not looking at a wealth tax for the richest in Britain but choosing to cut £300 off of pensioners? It's complete rubbish to say a wealth tax is too difficult. #WealthTax #WinterFuelAllowance Unite For A Workers' Economy

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.Bret Baier: “Property tax—highest in the US, gas tax second highest, corporate tax third highest, sales tax is down to 13.” Governor JB Pritzker: “When I took office from a Republican governor, everything was going the wrong direction, exactly what you're talking about. So when I took office, we had to address all of these things. So we're moving in the right direction. ” What? 😵‍💫

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This morning #BBCSML is asking "is it time for a wealth tax?", and they point out 78% of the public support it. The public is right. Tax the rich.

This morning #BBCSML is asking "is it time for a wealth tax?", and they point out 78% of the public support it. The public is right. Tax the rich.

Saul Staniforth

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Gary Stevenson says the UK had a wealth tax in the 60s and 70s. We didn’t - although we did have 90% income tax rates. The result was that the wealthy left the UK, the economy stagnated and the IMF bailed us out.

Gary Stevenson says the UK had a wealth tax in the 60s and 70s. We didn’t - although we did have 90% income tax rates. The result was that the wealthy left the UK, the economy stagnated and the IMF bailed us out.

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