Comments by "Keifer" (@keifer7813) on "Will the rich leave the UK?" video.

  1. How could anyone disagree with this? It's practical, it's ethical, and it's fair
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  2. ​ @Art-is-craft  Did you watch the video? The owners of the national grid aren't just going to suddenly take all their power lines with them lol
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  3.  @Art-is-craft  No, that's corporation tax. The discussion is about a wealth tax i.e taxing the owners of National Grid plc. Of course its means tested. If they meet the threshold for the wealth tax, we tax them.
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  4.  @Art-is-craft  Yeah, the actual people
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  5.  @Art-is-craft  No. The tax is on the person's total wealth. All their assets and liabilities would be appraised and when we figure out their net wealth, we tax that at a rate of say, 2%. As for the ins and outs of how this is done, I'll leave that to the experts. The point is, it can be done albeit would be tricky as Gary clarified
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  6.  @Art-is-craft  As I said, all their assets would be appraised and they'd be taxed according to that. So if they need to sell some things to be able to pay the tax, then so be it.
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