Re: Wealth tax and the rich
Posted: March 16th, 2024, 4:48 pm
Both the left and right assume migration and printing is the way to grow the economy. A falsity as that's just a short term fix, mid/longer term (exponential function) liability
The Tories have transitioned to being more Labour, than is the present Labour party. Fundamentally little difference if you vote either way. Either way and promoting individuals to work hard, save and prosper ... is dead. Instead preferring to drive away the 1% that pay a third of the tax take to instead leave the remainder having to pay 50% more in taxes to fill that hole. LT/KK were the last Tory hope - who looked to double or even treble that number, to leave the rest having to pay ... no taxes.
Ludwig von MisesThe return on gold does not depend on the fulfillment of some material condition. It is an ideological problem. It presupposes only one thing: the abandonment of the illusion that increasing the quantity of money creates prosperity.
The Tories have transitioned to being more Labour, than is the present Labour party. Fundamentally little difference if you vote either way. Either way and promoting individuals to work hard, save and prosper ... is dead. Instead preferring to drive away the 1% that pay a third of the tax take to instead leave the remainder having to pay 50% more in taxes to fill that hole. LT/KK were the last Tory hope - who looked to double or even treble that number, to leave the rest having to pay ... no taxes.