Who do you count as rich? How would you set a wealth tax?

I think I paid £85k in tax last year and feel like that is quite a lot.

I'm now set up in a company where I'm very likely to pay a lot less this year (might also do more good things depending on your views).

I do think we undertax property but the idea people could wear 2% of value seems very unlikely. Could maybe do 0.75% to replace council tax and sdlt or maybe even higher to replace other taxes but it won't provide the money the black hole of the NHS requires, let alone a whole load of other public services.

Posted By: Kangol Canary, Jun 28, 14:31:15