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Richard J Murphy
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Comments by "" (@lonevoice) on "Where is the UK economy now?" video.
This is a problem faced by much of the Western world. The wealthy may go but many of their assets remain and that's what we need to focus on. We need to identify the ownership and tax residence of all significant assets in the UK. If ownership is in a tax haven then we should tax those assets and similarly if ownership can't be identified. Interestingly the papers today are suggesting that Spain will start taxing Spanish properties owned by non EU residents by up to 100%.
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@goingpostal5858 At the top of some of the corporates it might help to clear out some of the deadwood and give energetic and promising bright sparks a chance to rise up.
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@Ahduciekwndnbbbsvvvghhhyyyyy How did you work that one out? There is no evidence for that. Richard's video even discusses the failure to invest by the private sector during the past decade.
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@greenfields9977 No. I wasn't referring to a stealth tax either, just a tax on assets. As you say, this seems to be a tax on purchases whereas I am suggesting a tax on assets in existence in the UK. It would primarily be aimed at tax shelters, secretive and laundered assets.
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@pauljameshanley8542 Crap! You've been following too much of the mindless propaganda that is circulated in the media.
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