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Define success? Spain has been steadily reducing its wealth taxes - Madrid and Andalusia's (Spain’s capital and 2nd largest region) wealth tax is 0%. In any case, Spain’s wealth tax raises 0.2% of GDP. Spain also has a number of exemptions such as: - primary property - luxury personal items -...

Name them.

History repeats itself once as farce, second as tragedy. This obsession with the left on a wealth tax goes to show it’s actually bankrupt of any intellectual property. Wealth taxes is not a new concept that untested. It’s been implemented and repealed in many countries because it’s not an...

Should any business be valued more than £1bn? Elon Musk doesn’t earn £1.3t, that’s his ‘valuation’ based on the value of his stocks. It’s unrealised wealth and could fluctuate by billions on a day-by-day basis. Ultimately, billionaires are easy targets for people like yourself, but they create...

It has been investigated in numerous countries, including our own country in the 1970s… 😂

Prosperous societies increase living standards, It’s quite ironic to see the left of the political spectrum talk about ‘tickle down economics’ but ignore that its policies around redistribution is ‘trickle down’ via the state. Redistributive policies do not transfer ‘wealth’ from one group to...

I wonder if you’ve ever looked into the fall of the Western Roman Empire…

This polling betrays a fatal flaw with taking a policy position at face value. Wealth taxes are superficially v popular, but pollsters don’t ask the question: if these taxes lead to shortfalls of revenue, will you be willing to pay more tax? Germany modelled a wealth tax and reckoned it would...

All. It’s the sum of migrant hotels (15bn over 10 years) £1.5bn and the cost of welfare benefits to foreign nationals, which sits at £941m per month as of March 2025, doubling from £461m per month in March 2002 (source: DWP). Around a 6th of all UC payments. It applies to all migrants and the...

JDS, he looked hopeless. Torp and Rudoni always had solid underlying numbers. BTA was a solid Championship striker when we signed him. Thomas and Kitch were good in 23/24, they’ve developed over time.

Most of the pots have been decided for the World Cup, a fun draw would be: England-Australia-Scotland-NZ / ROI (if they made it). One to avoid would be Italy if they win their playoff, they’ll be in Pot 4 by the looks of it.

In 2016, it wasn't fun...

What Zach Polanski or the Labour Left doesn’t tell you is the following: - How is wealth actually defined? - Will there be any exempted asset classes? - What are the costs to administer this new levy? - Why have such taxes been repealed in 9 European countries as well as India? ‘Exit taxes’...

Zero facts to support your arguments, zero credibility Tony. Everywhere that applies a wealth tax ends up losing tax revenue elsewhere, therefore, are actually net Wealth taxes may be a new shiny toy for the Labour Left, Green Party and Gary Stevenson, but not for the rest of Europe.

Bring tinnies on the train and a meal deal costs about a tenner from WHSmith at New St. Train ticket probably a £8-10 too. £30 for football tickets was relatively normal 10-15 years ago for an adult, its one of the few things that hasn't risen with inflation, everything else, has. Look at your...

No, quite the opposite. It is not a serious policy and will almost definitely not raise the sums it claims because assessing wealth is far more complex than assessing income. The countries that have repealed wealth taxes found it administratively burdensome for low tax yields, for example...

Having been around home nations at these major tournaments, they have no love for us so will always wish them the worst.

It’s not a binary choice. What’s stopping a government addressing both? For example, there are 4 million people on UC that have never worked, it’s effectively UBI by the back door. Welfare dependency keeps people in a life of poverty. Likewise, the tax burden being the highest it’s ever been...

The critique was on the concept of a wealth tax. It promises to reduce ‘wealth inequality’ but in reality, even the most optimistic outcome barely touches public expenditure. The cost of migrant benefits and hotels totals around £13.5bn a year. Considering the total welfare bill is set to raise...

Understand that ‘the left’ is a catch-all phrase. In any case, @chiefdave has expressed admiration for Polanski and iirc, called his winning of the Green Party’s leadership before he was on my radar. So it’s fair to conclude that at the very least, he’s a centre-left. I’m sure he can speak for...