Many

See Europe and even, ironically, the United States during the post WW2 era up to the 80s and 90s. You could say these coincided with the ‘good times’ for public spending and the growth of the middle classes. Remember when the roads were good, new ones (and bridges) were being built, public housing improved, and the NHS wasn’t on its knees? Yes, during this time the rich paid far higher tax rates than today.

What changed? Neo-liberalism took over from classic capitalism. The powers that be didn’t like ‘stability’ for the masses, as instability creates opportunities for wealth. You’ll see this in everyday life of 21st century Britain… economic crises leads to cuts in spending, privatisation and deregulation. Conflicts allow for rebuilding under market principles, and services like NHS are successively under-funded to create the image that they are ‘failing’ and need ‘modernising’. We all feel it, get frustrated and slowly they have justification to privatise and the rich get richer, while we all get poorer. And then, we blame ourselves.

Posted By: SenatusAcademicus on June 28th 2025 at 13:28:37

Message Thread

NBTTT: The impossibility of taxing the rich (General Chat) - Under soil heating, Jun 28, 12:06:21
- I’m a raging capitalist, from the poorest (but loving) background you could imagine. (General Chat) - BINMEN8R, Jun 28, 17:24:52
  - Most rich people have wealthy parents and families. Not all of course but most (n/m) (General Chat) - footymadman, Jun 28, 20:37:22
  - Sorry, but that’s bullshit. (General Chat) - Snakepit Divorcee, Jun 28, 19:06:51
    - A lot of these "hard working people" .... (General Chat) - usacanary, Jun 28, 21:43:34
      - Read my post again. (General Chat) - Snakepit Divorcee, Jun 28, 23:22:12
  - I agree with that. Hard work and success shouldn't be punished. (n/m) (General Chat) - shoddy, Jun 28, 18:17:02
  - Yep, same here. (n/m) (General Chat) - usacanary, Jun 28, 17:56:06
    - I've known a few multi millionaires over the years (General Chat) - Men without hats, Jun 28, 18:06:20
- The problem with your friend Arun Advani (General Chat) - JoeyDeacon, Jun 28, 14:40:10
  - Any argument can won with this method (General Chat) - Lentil Weaver, Jun 28, 15:55:07
    - The entire Wrath is often a left wing echo chamber (n/m) (General Chat) - JoeyDeacon, Jun 28, 16:03:25
      - Hahahahahahahahahahaha (n/m) (General Chat) - jamesward, Jun 28, 17:25:21
      - You are joking? (General Chat) - Snakepit Divorcee, Jun 28, 17:01:02
  - Great to see how open minded you are JD. (General Chat) - Under soil heating, Jun 28, 15:05:18
    - I will engage with you - and I don’t wish to come across as argumentative (General Chat) - JoeyDeacon, Jun 28, 15:24:39
      - Oh, and to answer your question on what I do (General Chat) - Under soil heating, Jun 28, 16:28:36
        
        I guessed it was finance related (General Chat) - JoeyDeacon, Jun 28, 16:33:53
        
        Understood, and totally respected! (n/m) (General Chat) - Under soil heating, Jun 28, 16:37:22
      - Thanks for the civil tone - I appreciate it. (General Chat) - Under soil heating, Jun 28, 16:22:20
        
        I think as human beings we always attach ourselves to views that mirror our own (General Chat) - JoeyDeacon, Jun 28, 16:43:11
        
        As a CS I'd just like to say re: pensions (General Chat) - Cardiff Canary, Jun 28, 17:22:36
        
        I have both a private pension and a civil service final salary. (General Chat) - Men without hats, Jun 28, 18:24:04
        
        Well I didnt think I'd ever find myself saying this, but... (General Chat) - Under soil heating, Jun 28, 16:50:37
        
        Enjoyed it - thank you too (n/m) (General Chat) - JoeyDeacon, Jun 28, 16:56:13
  - thats embarrassing (n/m) (General Chat) - ghostof barry butler, Jun 28, 14:54:17
    - It is, but not for the reasons you think. (n/m) (General Chat) - Under soil heating, Jun 28, 15:05:41
- Who do you count as rich? How would you set a wealth tax? (General Chat) - Kangol Canary, Jun 28, 14:31:15
- I do agree I think the leaving bit may be overblown but .. (General Chat) - usacanary, Jun 28, 14:28:05
  - Would you start a business in a country with a wealth tax? (n/m) (General Chat) - paulg, Jun 28, 16:07:51
  - It’s strange that the target of certain people’s resentment is rich people (General Chat) - JoeyDeacon, Jun 28, 14:44:36
    - Everyone needs to ask whether they're contributing (General Chat) - paulg, Jun 28, 16:08:55
      - Years ago there was a stigma in being a non contributor (n/m) (General Chat) - JoeyDeacon, Jun 28, 16:17:30
        
        There was a time (General Chat) - paulg, Jun 28, 16:23:50
        
        Before Thatcher destroyed our manufacturing industry (n/m) (General Chat) - jamesward, Jun 28, 16:52:17
        
        Shame there are so few jobs opportunities available nowadays (n/m) (General Chat) - paulg, Jun 28, 18:07:52
  - Good questions (General Chat) - Under soil heating, Jun 28, 14:41:29
    - There are many companies out there .. (General Chat) - usacanary, Jun 28, 17:03:26
- “The Great Millionaire Migration (That Mostly Didn't Happen)” (General Chat) - Tombs, Jun 28, 13:19:23
  - THIS (General Chat) - Kev, Jun 28, 15:25:21
  - The post I should have written (n/m) (General Chat) - Under soil heating, Jun 28, 14:03:09
  - So this defo won't presumably (General Chat) - paulg, Jun 28, 13:27:46
    - Not sure that link worked... (General Chat) - paulg, Jun 28, 13:33:18
- Are there any examples of it having been used successfully? (n/m) (General Chat) - paulg, Jun 28, 13:03:32
  - Many (General Chat) - SenatusAcademicus, Jun 28, 13:28:37
    - Higher tax or wealth tax? (n/m) (General Chat) - paulg, Jun 28, 13:31:28
      - USA post war was income (n/m) (General Chat) - Legacy Fan, Jun 28, 14:13:43
        
        Income tax. 91% too bracket 😳. (n/m) (General Chat) - Legacy Fan, Jun 28, 14:14:11
        
        Post war countries are very different (General Chat) - paulg, Jun 28, 16:06:27
- The Invisible Doctrine by George Monibot is also worth reading on the topic as a whole. (General Chat) - SenatusAcademicus, Jun 28, 12:28:53
- Too many words (General Chat) - Augustus Pablo, Jun 28, 12:15:33

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