Comment on Wealth Taxes Are Pointless While Tax Havens Exist
HumanPenguin@feddit.uk 2 days ago
The UK is one of the world’s biggest tax heavens.
We just allow foreign property ownership to provide a tax heaven from other nations taxation.
The UK introducing a wealth tax on both UK wealth and foreign owned property. Would be the first step to ending tax heavens,
And as soon as the billionaires etc decide to move their wealth from property. Capital gains tax is assessed.
l_isqof@lemmy.world 2 days ago
It’s technically a tax haven, but for the UK tx dogder it is really a bit of heaven.
These territories have really taken the piss beyond belief, yet the public discourse has been dominated by Brexit and migration for 15 years.
It’s what happens when a few clowns own all the media and real journalism is dead