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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

To think rich people steal money all the time and that’s often why they’re rich?

647 replies

MyAmusedOpalCrab · 05/08/2025 16:48

We hear so much about “hard work” and “smart investments” but let’s be honest, so many rich people didn’t get wealthy by being ethical. From dodgy business practices to exploiting workers, tax dodging, insider deals and straight-up corruption, wealth often comes at someone else’s expense.

Governments bail out billionaires while ordinary people struggle to afford rent. CEOs cut wages and benefits while pocketing massive bonuses. Huge corporations find loopholes to avoid taxes while the rest of us get squeezed.

Obviously not every rich person is a thief but AIBU to think that a lot of them are? That the system is rigged in their favour and they keep getting richer by bending or outright breaking the rules?

OP posts:
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BIossomtoes · 05/08/2025 19:08

Almondmarcd · 05/08/2025 19:06

A totally meaningless post unless you actually state what you mean by “rich”. Billionaires? Millionaires? People on six figure salaries?

It’s pretty obvious. Nobody on a six figure salary is in a position to influence tax policy, whereas billionaires certainly are.

Almondmarcd · 05/08/2025 19:06

A totally meaningless post unless you actually state what you mean by “rich”. Billionaires? Millionaires? People on six figure salaries?

Dingledongledell · 05/08/2025 19:05

MyAmusedOpalCrab · 05/08/2025 19:02

It’s not about asking anyone to “believe” me, the examples are widely reported and easy to find in mainstream news. My point is about the pattern of behaviour and the systems that enable it, not about putting a few individual names on trial in an AIBU thread. If you’re interested, a quick look at recent coverage on corporate tax avoidance or government bailouts will give you exactly the kind of cases I’m talking about.

Corporate tax avoidance. Go on then. This will be easy for you to give us a few examples, surely.

Dingledongledell · 05/08/2025 19:04

MyAmusedOpalCrab · 05/08/2025 18:44

I’m not looking to turn it into a list of individuals, my point is more about patterns and systems than singling out people. That said, examples are easy to find in the news: big name CEOs whose companies have faced tax avoidance scandals, billionaires whose wealth ballooned during crises while wages were frozen, or property developers who profit from loopholes while housing shortages worsen. It’s the behaviour and the system enabling it that I’m questioning.

Well examples then. What ‘loopholes’ have property developers benefited from? Or companies faced tax avoidance claims? (And avoidance is legal, evasion isn’t). Because I predict you’ll struggle.

You seem to be riven with envy that ‘the wealthy’ are out to get you and the cause of all your problems. Seek help.

MyAmusedOpalCrab · 05/08/2025 19:02

JamesMacGill · 05/08/2025 18:56

So you want us to believe people are stealing but won’t say who?

It’s not about asking anyone to “believe” me, the examples are widely reported and easy to find in mainstream news. My point is about the pattern of behaviour and the systems that enable it, not about putting a few individual names on trial in an AIBU thread. If you’re interested, a quick look at recent coverage on corporate tax avoidance or government bailouts will give you exactly the kind of cases I’m talking about.

OP posts:
JamesMacGill · 05/08/2025 18:56

MyAmusedOpalCrab · 05/08/2025 18:51

I get that naming names might make it more concrete but it also risks turning this into a debate about individual personalities rather than the wider behaviour and structures I’m talking about. If you look at recent coverage around tax avoidance, exploitative labour practices or corporate bailouts, you’ll see plenty of examples in the public domain and that’s the kind of thing I’m referring to.

So you want us to believe people are stealing but won’t say who?

BreakingBroken · 05/08/2025 18:54

tax avoidance, exploitative labour practices or corporate bailouts
none of these are illegal,theft, nor are corporate bailouts.

BIossomtoes · 05/08/2025 18:53

cardibach · 05/08/2025 16:50

Really? Because it’s a tiny amount compared to tax fraud.

This. Tax fraud costs a lot more. The amount of benefit fraud is outweighed by unclaimed benefits.

MyAmusedOpalCrab · 05/08/2025 18:51

JamesMacGill · 05/08/2025 18:45

But we need individual examples to decide whether we agree with your perception of them. Just give us 2 or 3 names?

I get that naming names might make it more concrete but it also risks turning this into a debate about individual personalities rather than the wider behaviour and structures I’m talking about. If you look at recent coverage around tax avoidance, exploitative labour practices or corporate bailouts, you’ll see plenty of examples in the public domain and that’s the kind of thing I’m referring to.

OP posts:
BreakingBroken · 05/08/2025 18:51

these people are unlikely to be "stealing money" their accounts will have been scrutinized 100X over.
will they have created trust funds for children will they have received a tax break for buying their parents a home maybe but none of that is theft.
having money allows you to make money especially when others are desperate to sell.

warren buffet just gave away 6 billion usd to various charities on saturday, something he does annually having donated over 152 billion in his lifetime.

Lifestooshort71 · 05/08/2025 18:50

I foolishly thought this thread would be about rich people 'stealing' money - silly me, what gave me that idea? Instead it's the usual jealous, chip on the shoulder rant. Yawn.

dottiehens · 05/08/2025 18:46

MarvellousMonsters · 05/08/2025 18:28

Hmm

“Tax fraud cost the Treasury an estimated £20bn in 2018/19 – 9x more than benefits fraud (£2.2bn)”

https://www.taxwatchuk.org/tax_crime_vs_benefits_crime/

Tax fraud it is not only committed by the rich. How about all those cash in hand jobs around. I dare to say that some on benefits also defraud this way.

JamesMacGill · 05/08/2025 18:45

MyAmusedOpalCrab · 05/08/2025 18:44

I’m not looking to turn it into a list of individuals, my point is more about patterns and systems than singling out people. That said, examples are easy to find in the news: big name CEOs whose companies have faced tax avoidance scandals, billionaires whose wealth ballooned during crises while wages were frozen, or property developers who profit from loopholes while housing shortages worsen. It’s the behaviour and the system enabling it that I’m questioning.

But we need individual examples to decide whether we agree with your perception of them. Just give us 2 or 3 names?

MyAmusedOpalCrab · 05/08/2025 18:44

Barbadossunset · 05/08/2025 18:37

I’m talking more about the very wealthy, the ones with resources, influence and connections far beyond what most people will ever have. The scale of their wealth means they can bend systems in their favour and that’s where you see the kind of behaviour I mentioned in my OP.

Op can you name some of these people?

I’m not looking to turn it into a list of individuals, my point is more about patterns and systems than singling out people. That said, examples are easy to find in the news: big name CEOs whose companies have faced tax avoidance scandals, billionaires whose wealth ballooned during crises while wages were frozen, or property developers who profit from loopholes while housing shortages worsen. It’s the behaviour and the system enabling it that I’m questioning.

OP posts:
curious79 · 05/08/2025 18:42

MyAmusedOpalCrab · 05/08/2025 18:02

I’m not saying every rich person has stolen or inherited their wealth, I did say in the OP that not all fit this description. But the system does tend to reward those who already have wealth and the ability to ‘minimise tax’ or access elite advice is part of that advantage. My point is more about how structural advantages and loopholes contribute to keeping the richest people at the top, often in ways that aren’t open to everyone else.

these 'loopholes' are available to everyone - be it inheritance tax planning, ISAs etc etc. But clearly you need to either research options, or pay for someone's advice, or you lack the money to need them.

This is a capitalist country. And I'd rather that than any of the socialist hellholes of the past century

twistyizzy · 05/08/2025 18:41

isthatmyage · 05/08/2025 18:39

Same here, not bad for someone who left school with poor qualifications. Worked full time since 18, both daughters through private education. Both DH and I have 7 figure liquid assets plus house, no mortgage. ZERO help, just hard work, savings and wasting money on expensive cars etc. It can be done OP

Don't go confusing them with actual real life examples. It destroys the victim mentality

isthatmyage · 05/08/2025 18:39

curious79 · 05/08/2025 17:56

Bitter, much?

We're 'rich' and not a cent of it was inherited or stolen or gained in any kind of deviant way.

Rich people could be:

  • lucky (right place, right time, right job, right investment kind of gist)
  • clever / talented (good at identifying, pursuing the right opportunities)
  • financially driven - they make it their business to become wealthy from an early stage

Now we are 'rich' we can afford to invest in ways that mean it is diversified, it grows, and we can pay for advice from people who recommend how we minimise tax (and BTW we still pay c55% on anything newly earned!)

Same here, not bad for someone who left school with poor qualifications. Worked full time since 18, both daughters through private education. Both DH and I have 7 figure liquid assets plus house, no mortgage. ZERO help, just hard work, savings and wasting money on expensive cars etc. It can be done OP

JamesMacGill · 05/08/2025 18:38

Barbadossunset · 05/08/2025 18:37

I’m talking more about the very wealthy, the ones with resources, influence and connections far beyond what most people will ever have. The scale of their wealth means they can bend systems in their favour and that’s where you see the kind of behaviour I mentioned in my OP.

Op can you name some of these people?

I too would like to know.

JamesMacGill · 05/08/2025 18:38

MarvellousMonsters · 05/08/2025 18:28

Hmm

“Tax fraud cost the Treasury an estimated £20bn in 2018/19 – 9x more than benefits fraud (£2.2bn)”

https://www.taxwatchuk.org/tax_crime_vs_benefits_crime/

Given we spend 1.23 trillion per year even if we recovered all defrauded tax it would barely make a difference ☹️

Barbadossunset · 05/08/2025 18:37

I’m talking more about the very wealthy, the ones with resources, influence and connections far beyond what most people will ever have. The scale of their wealth means they can bend systems in their favour and that’s where you see the kind of behaviour I mentioned in my OP.

Op can you name some of these people?

MarvellousMonsters · 05/08/2025 18:28

FenderStrat · 05/08/2025 16:49

I'm more upset about benefits cheats.

Hmm

“Tax fraud cost the Treasury an estimated £20bn in 2018/19 – 9x more than benefits fraud (£2.2bn)”

https://www.taxwatchuk.org/tax_crime_vs_benefits_crime/

Equality before the law?

We reveal the huge disparity between the way in which benefits crime is treated when compared to tax crime.

https://www.taxwatchuk.org/tax_crime_vs_benefits_crime/

TheWildZebra · 05/08/2025 18:26

Yes. It’s called capitalism. Certain individuals accumulate wealth by dispossessing others of the means and opportunity to keep/make wealth. We’re all mad to be apologists for this system. None of the multibillionaires have done it through hard work. Eg. Basic example, Jeff Besos/Amazon has dispossessed smaller and independent retailers of the ability to sell independent of Amazon, or on the high street.

JamesMacGill · 05/08/2025 18:22

ThisTicklishFatball · 05/08/2025 18:07

Great example.

I've read that the top 10% of PAYE earners are currently contributing over 60% of the total tax receipts in this country. The UK is in a tough spot, and excessively taxing the only people who are net contributors until they're completely drained seems unwise. It's fascinating how much hate they receive online.
The common sentiment in these discussions seems to be that success or financial prudence is penalized rather than rewarded. I might have been aiming for the wrong goal. I believed earning a lot was positive because it allowed me to support my family, and I took pride in my tax contributions. The resentment towards higher earners has me reconsidering—maybe I had it all wrong. Perhaps stepping back would be healthier for me.
This is Mumsnet. If you're not on the breadline, prepare to be completely torn apart. If you dare to voice complaints about managing on your income, you'll be hit with phrases like ‘read the room’ or ‘check your privilege,’ along with all the other tired clichés.
These people seem like frogs in boiling water, so accustomed to being mistreated that they no longer feel the pain. They’re content with being poorer overall as long as they receive a few benefits and freebies, instead of pushing for wealth creation, lower taxes, or more efficient public spending.
Our economy is declining, the population is surging, unemployment is rising as businesses cut jobs, contributing taxpayers are leaving the country, taxes and borrowing are increasing, and energy costs are sky-high while the government focuses on its ‘Green agenda.’ This country feels doomed.

Great post but I will add the sheer level of ‘need’ is rising in the public. In the 1970s generally speaking there was a lot of social housing etc, but you died at 70 and freed that house up, the NHS only offered basic or life saving treatments (no IVF, complex mental health etc), and the ‘dole’ payment was relatively small and not boosted by PIP and DLA as they didn’t exist.

Now we have enormous numbers of people needing constant high level or multifaceted NHS care, rapidly rising numbers of SEN children needing bespoke educations costing hundreds of thousands each, we have the equivalent of the entire population of Scotland on disability benefits, and services are basically all stretched to the max. Everyone expects much more from the state, and for every part of their life to be financially mitigated by the taxpayer.

I follow a lady on Insta who has 4 children. She doesn’t work, 2 of her children are in special educational settings and receive DLA plus the obligatory transport. She recently moved to a new 4 bedroom social house, and owing to the transport situation, the local council asked if she could take the youngest to their special school for a couple of weeks until they’d sorted a taxi from the new house. All hell broke loose - she posted relentlessly about how they were being ‘failed’ and how ‘broken’ the system was.

I felt like saying for Gods sake. You have a free 4 bedroom house, you don’t work, your children’s education will be costing hundreds of thousands a year, and you’re complaining because you have to drive your kid to school yourself for a couple of weeks? The level of entitlement is insane.

Yes, that £200k a year (or whatever their cost to the taxpayer) is pennies compared to billionaires. But when you replicate this situation across the country hundreds of thousands of times the numbers become enormous.

socks1107 · 05/08/2025 18:13

There’s been a few rich vs poor threads today. People work hard and sometimes study hard, make money and that’s how it is.