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John Park
Richard J Murphy
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Comments by "John Park" (@JohnPark-xf2gq) on "The rich don’t spend enough – and that means they shrink the economy" video.
The tory media are quite rightly criticising reeves ni tax on jobs but what they do not say(because it's against their owners interests)is the alternative is to tax the mega rich and the fossil fuels excessive profits.this does not have to be particularly excessive but should be seen as a type of fine for the damage they are doing to the planet.this money will mean no increase in the level of borrowing and could be used for day to day spending which will mean none of the distarous austerity cuts. D
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Tax the 1%.
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Typho l meant to say make the lot of the majority more bearable.most people do not care that so e are immensely rich as long as they have enough for their own needs.greed is putting that at risk.
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Give a billion in tax back to the billionaires and you have little control over how it is spent.give that same billion to the 90% you know it will be spent largely within our economy.reeves hasn't received the memo yet.
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As a pensioner on low income with the tax allowance being frozen year after year you will be paying tax even on a very modest income.reeves had the option of increasing the tax allowance to stop the very poorest paying tax but has decided not to tax the mega rich.when will we get an actual labour party in power and not a leadership who has surrounded itself with think tanks and bankers for their advice.
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It has been suggested that over 10 million is far more than anyone really needs or deserves and should be taxed accordingly.the problem is how to do this on a global scale.lt is probably the reason why musket wants right wing goverments in control all over the globe.we can't have him having to pay tax can we.
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The wealth of billionaires in the UK over the last 14 years has increased by 300%.the productivity growth has been zero.gdp has been none existent.we need less billionaires not more or at the very least those that pay a decent % of tax to contribute to the country that has given them so much.
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The rich by avoiding and evading tax and making the lot of the majority are making the chances of voilent up rising against them more likely.the sensible thing would be to pay their far amount which would mean they could still live in splendour but reduce the need to turn their mansions into fortresses.
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