We don't want the government to lurch to the left

I replied here and said I think they should lurch really far to the left and tax wealth. They won't though

Or don’t implement them in the first place, by guile or otherwise. She semi-backtracked on non-doms following siginificant capital flight.

Wealth taxes simply do not work - it has been amply demonstrated elsewhere.

Like PS VAT - the politics of envy and playing to the back bench gallery.

If this were true then people wouldn't become more right wing as they get older and wealthier. If left wing views were generally rooted in an interest in wider society then why would an individual's own financial circumstances change their political perspective?

Unless of course it's easier to be left wing when you stand to gain from public spending and know you're not the one footing the bill (selfish!). Then as you get older and acquire more assets and realise you are the one that's going to be paying then suddenly you aren't so keen on tax rises and left wing policies (also selfish!)

Pretending that the greater good is at the heart of many people's left wing views is just nonsense.

She’ll implement it then backtrack and ensure every wealthy person leaves the country without getting any tax from them. It’s like the speculation that she’s going to introduce an exit tax so people move assets overseas, then she doesn’t actually do it.

If you’re going to do these things it’s vital that you spring them on the UK public rather than giving them enough warning to move assets away. So maybe she’s calling everyone bluff (I doubt it).

The fact that you seem so bemused and incapable of understanding my argument is your issue. The arguments I make are clear, you can disagree with them but it's odd that you seem unable to comprehend them.

My point regarding rent controls is that they don't work. They are also repeatedly brought up by the left as part of the answer to the housing crisis. I never suggested the left had no other housing policies. How on earth you got that from my post is frankly baffling.

Reeves has gone on record saying she will not implement a wealth tax.

That means she probably will implement a wealth tax, of course, before gas-lighting everyone.

That’s because the media fuels it. Nick Ferrari even admitted that LBC is part of the circus that drives all this.

It doesn’t take a very skilled economist to show what a total and utter disaster wealth taxes have been wherever they’ve been tried. Could THIS be the reason why Labour didn’t go through with it? Hmm?

I replied here and said I think they should lurch really far to the left and tax wealth. They won't though

Honestly I'm finding it difficult to take you seriously and to be able to engage properly with you. Who do you mean by 'the left'? Are you suggesting 'the left' have NO housing policies?

Then again, you're using this thread to genuinely try to characterise socialism as selfish so the whole thing is a little hard to get my head around

Wealth taxes don't work. Neither do rent controls. The left don't ever want to admit this as it means that they can't just have loads of extra money and cheaper housing without thinking of actual workable policies.

Exactly! “Tax someone but just not me.”

we all have to pay more tax if we want better public services. There is no magic money tree.

I feel like you're looking at this from such a small scope perspective. Like are you just talking about income tax?

The way large businesses generate all their profits is by extracting it from the population, from people. Either through their work (so many businesses with huge profits that pay minimum wage) or through us buying their products.

We need to make sure enough of that money is getting circulated back to those people, through taxation and providing public services. If we just let them generate ridiculous profit by extracting it from us we'll be left with less and less until....well until we're in the kind of situation economically we're in now.

Ok then. I’m sure you know what you’re talking about and have much more experience than me.

'Hmmmm?' Yikes what a smarmy tone.

Yes I have actually looked into research on it and I don't agree with how you've characterised it

It doesn’t take a very skilled economist to show what a total and utter disaster wealth taxes have been wherever they’ve been tried. Could THIS be the reason why Labour didn’t go through with it? Hmm?

It's a shorthand way of suggesting that we raise taxes on other people. Most of us aren't wealthy so we think it won't impact us. We don't actually want to pay more taxes ourselves. Every single poll shows this. We are only in favour of tax rises when they are done to other people.

I find THIS question really naive. Are you asking me why the government doesn't tax the rich more?

Firstly no there is no 'straightforward' way to do it fairly. It needs to be looked at carefully in order to be fair, for example to have different tax brackets based on profits, so multimillion pound businesses pay more tax without it impacting small local businesses.

The majority of the government, labour or tory, is made up of wealthy people whose families know each other, who become friends at Eton. They're not going to tax their mates.

Are you seriously implying that if wealth taxes were a good idea then Labour would have done it by now? Because there's a lot more to it than that

Exactly! “Tax someone but just not me.”

we all have to pay more tax if we want better public services. There is no magic money tree.