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AIBU?

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To question the current wealth distribution in the UK

27 replies

1DAD2KIDS · 01/02/2018 19:50

The number of British households that could consider themselves as millionaires rose by nearly a third in two years, official figures show. Yet last time I checked we were still in austerity and everyones finances where stagnating or going down. Now I know this is a simplistic view but surely as more people get wealthy you'd hope some of that money would work it's way down? So most people are getting poorer yet some are getting richer in this country. What is going on, smells fishy?

More Brits become millionaires - www.bbc.co.uk/news/business-42904875

OP posts:
TalkinPeace · 02/02/2018 12:16

London is the Money Laundering capital of the world.
LLPs are utterly abused by corrupt businesses the world over to hide wealth.
The London offshore finance industry just skims rent off the savings of everybody else
but so long as they dangle £600k a year part time jobs to former Chancellors, nothing will be done.

THe UK's Controlled Foreign Company rules are an utter scandal
but too esoteric to explain in a tabloid headline

The lack of a land tax or progressive domestic rates system encourages the rick to stockpile underused property
in a time of rising homelessness
in the USA the rich get to offset mortgage interest against their taxes

The fact that I have to be MLR checked for doing teeny tax returns, but the estate agents selling multi-million pound properties to shell companies are not speaks volumes.

I'd love to be a benevolent dictator, but my yoga classes might interfere.

There is a thing called the Transparency Code which covers all public sector bodies.
Look up your local council, hospital, MP and the rest.
If there is information missing from their websites,
ask questions
keep asking questions

Look up company directors and charity trustees
if you spot errors and misleading information, send in written queries to ask for the organisations to correct it

if more people took more of an interest, the gits would get away with less.
daylight is the best disinfectant

TalkinPeace · 06/02/2018 07:54

In light of what I typed above, read this news story
www.bbc.co.uk/news/uk-42950097

If you spot errors, make the regulators correct them.
It is the only way proper oversight will return

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