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AIBU?

Share your dilemmas and get honest opinions from other Mumsnetters.

If a wealth tax brought in zero revenue to the government, would people still support it? If yes, why?

598 replies

percypiggy200 · 23/11/2025 07:20

I’m curious and I’d love to know people’s reasoning.

OP posts:
Thread gallery
10
EasternStandard · 23/11/2025 19:13

MrsSkylerWhite · 23/11/2025 19:11

Boom to you. Yes. Would you not do the same?
We love kids above equality. Doesn’t everyone.

So why do you think you’re in any position to judge the op?

PandoraSocks · 23/11/2025 19:13

MrsSkylerWhite · 23/11/2025 18:51

Russify?🤣 No idea. Typed emigrate.

I thought it was perhaps a coded reference to Nathan Gill type activity or some such!

Goldenbear · 23/11/2025 19:17

EasternStandard · 23/11/2025 19:13

So why do you think you’re in any position to judge the op?

The OP started this thread for a pure wind up as they have thing better to do with their time on a Sunday, Monday, Tuesday , Wednesday, Thursday, Friday, Saturday. ..

Goldenbear · 23/11/2025 19:18

I mean do they even moil.

EasternStandard · 23/11/2025 19:19

Goldenbear · 23/11/2025 19:17

The OP started this thread for a pure wind up as they have thing better to do with their time on a Sunday, Monday, Tuesday , Wednesday, Thursday, Friday, Saturday. ..

That’s just more insult for little reason and nothing to do with those who are ‘sickened’.

Goldenbear · 23/11/2025 19:20

EasternStandard · 23/11/2025 19:19

That’s just more insult for little reason and nothing to do with those who are ‘sickened’.

How can you claim insult when you plotted the wind up all along.

MrsSkylerWhite · 23/11/2025 19:20

EasternStandard · 23/11/2025 19:12

True that was a bit unequal. Still the op got the sickening, selfish etc

Oh, behave. If your kids can’t work overseas because of Brexit, of course you’ll do whatever you can to make their lives in the UK as comfortable as you possibly can,
Why would you not? Unless you’re an arse.

Goldenbear · 23/11/2025 19:23

When it comes down to it all blame can be laid at the door of Brexit, Brexit, Brexit, Brexit, I will never forgive the Tories for that!

DdraigGoch · 23/11/2025 19:23

Marshmallow4545 · 23/11/2025 09:03

A wealth tax won't work for the same reason that very few of us would choose to stay in a country that was removing 1% of our wealth every single year. Remember this is in addition to the already high taxes that the state utilises to extract money from the rich.

No matter how much you loved your country, would you be happy with potentially losing over half of your net wealth through this tax over your lifetime? I wouldn't, especially when there are loads of countries looking to welcome me with open arms and much more wealth friendly tax regimes.

Look at Ireland and what they have achieved. We need to look at ways to attract business and wealth not encourage it to leave.

Except that people who are that wealthy increase their net worth by more than 1% per year. So they're still increasing their wealth, just marginally less so.

twistyizzy · 23/11/2025 19:23

MrsSkylerWhite · 23/11/2025 19:11

Boom to you. Yes. Would you not do the same?
We love kids above equality. Doesn’t everyone.

But that's selfish and greedy surely? I mean it's what I would do but then people like you would shout "but what about starving children" at me and make me out to be a twat.
You want to reduce wealth inequality yet are happy to perpetuate it as long as it benefits your family.

Legolava · 23/11/2025 19:25

twistyizzy · 23/11/2025 19:08

Ah so perpetuating wealth inequality then? Bank of mum and dad driving up house prices

Exactly

So those who don’t have the bank of mum and dad can’t afford to buy exactly because of the wealth inequality you are driving @MrsSkylerWhite . They leave because even on a good salary - they’ve no chance without the bank of mum and dad. Oh the irony.

twistyizzy · 23/11/2025 19:25

MrsSkylerWhite · 23/11/2025 19:11

Boom to you. Yes. Would you not do the same?
We love kids above equality. Doesn’t everyone.

Yes but I'm now subject to a new tax for loving my child and trying to do the best for them. A tax which you support on the basis of "privilege" yet you happily provide your own children with tax free privilege.
No irony there?

EasternStandard · 23/11/2025 19:26

MrsSkylerWhite · 23/11/2025 19:20

Oh, behave. If your kids can’t work overseas because of Brexit, of course you’ll do whatever you can to make their lives in the UK as comfortable as you possibly can,
Why would you not? Unless you’re an arse.

Yes as @twistyizzysaid if you’re going to judge people such as the op as selfish, you’re instilling inequality and putting your family first too.

Fine to do it, a bit much to call out others.

Legolava · 23/11/2025 19:27

EasternStandard · 23/11/2025 19:19

That’s just more insult for little reason and nothing to do with those who are ‘sickened’.

Isn’t troll hunting against the rules on MN?

EasternStandard · 23/11/2025 19:29

Goldenbear · 23/11/2025 19:20

How can you claim insult when you plotted the wind up all along.

You what now? I’m not the op. You must be getting mixed up.

MrsSkylerWhite · 23/11/2025 19:31

EasternStandard · 23/11/2025 19:13

So why do you think you’re in any position to judge the op?

Because when we were working age adults we stayed and paid UK taxes, through choice, when we had many options not to.

Goldenbear · 23/11/2025 19:32

Legolava · 23/11/2025 19:27

Isn’t troll hunting against the rules on MN?

How is it troll hunting? You do realise that all your threads are public, they aren't a private members club, stating you are going to do something to put the cat amongst the pigeons is not that bright if you then go on to claim you're insulted and hurt by your fabricated cat amongst the pigeons shitty wind up threads!

Legolava · 23/11/2025 19:33

Goldenbear · 23/11/2025 19:32

How is it troll hunting? You do realise that all your threads are public, they aren't a private members club, stating you are going to do something to put the cat amongst the pigeons is not that bright if you then go on to claim you're insulted and hurt by your fabricated cat amongst the pigeons shitty wind up threads!

Erm…ok 😬

Any way - proof of what you’ve said. As that’s just not true. So false accusations and random personal attacks. How pleasant.

What threads are you on about? I’ve never made a thread.

EasternStandard · 23/11/2025 19:34

MrsSkylerWhite · 23/11/2025 19:31

Because when we were working age adults we stayed and paid UK taxes, through choice, when we had many options not to.

And? It’s not some moral hurdle to stay in one country. You’ve just lamented that they can’t leave anyway.

You’ve benefited from rising house prices and passed that on. There’s no moral high ground here.

Goldenbear · 23/11/2025 19:35

EasternStandard · 23/11/2025 19:29

You what now? I’m not the op. You must be getting mixed up.

I'm stating the generic "you" - obviously but addressing you as you feel the need to protect the OP. The reality, as well you know, is that this f**king shitgibbonry of the highest order!

Legolava · 23/11/2025 19:35

Oh dear.

Goldenbear · 23/11/2025 19:36

Legolava · 23/11/2025 19:33

Erm…ok 😬

Any way - proof of what you’ve said. As that’s just not true. So false accusations and random personal attacks. How pleasant.

What threads are you on about? I’ve never made a thread.

Edited

Are you honestly claiming it not to be true, maybe you weren't on the thread but it is true of the OP.

EasternStandard · 23/11/2025 19:37

Goldenbear · 23/11/2025 19:35

I'm stating the generic "you" - obviously but addressing you as you feel the need to protect the OP. The reality, as well you know, is that this f**king shitgibbonry of the highest order!

Ok 😬

It’s not really. It’s just a question on whether a tax rise is worth it if it doesn’t bring more in.

ProfessorDrPrunesqauler · 23/11/2025 19:38

saffglass · 23/11/2025 18:26

Ideally to raise money, perhaps other policy would help to redistribute more of the wealth to more people. I'm not an economist myself. I've seen mentioned that assets could be taxed given that the very rich often hoard their money overseas but they can't do it was UK assets.

There has to be something we can do to redistribute the wealth in the country a bit more fairly. The leader of the greens for example said recently that more than 50% of the wealth in the UK is held by only 50 families, so 50 families have more wealth than everyone else in the UK put together if he is right. Something should be done about that when people can't afford to heat their homes or eat properly or even afford a roof over their heads.

We keep squeezing ordinary working people because they are the sitting ducks who have no choice but to pay even if they can't make ends meet otherwise. While very wealthy people multi millionaires and billionaires not to mention many large corporations just pick and choose how much tax they want to pay while benefiting from the the UK state that. you and me pay for, NHS treatment for their staff, Infrastructure, Education etc. They are also quite happy to take bail outs and corporate welfare when it suits them but get all sniffy about a disabled person needing financial support.

Private companies who own and operate essential services like Thames water prioritise dividends for their shareholders (its literally a legal requirement) don't use that money to reinvest in their infrastructure and when it fails they want government bailouts or their customers to pay even more to cover the costs of upgrading the system when they should have been doing that all along. Its criminal and I'm fed up listening to people who say nothing can be done to stop these people. I'm fine with them being rich but I'm not fine with them hoarding all the wealth and leaving ordinary people living hand to mouth, I've no desire to go back to the Victorian Era.

Edited

Wealth could be equalised by more people working full time and everyone paying their taxes

Everyone then earns more= pays more in taxes ,
invests more = more taxes and personal pension uplift

Everyone then ensures they plan for their own future and their own current living requirements

Not sure why randoms think they have a right to even more of other people’s income, savings, investments and assets. If more people were saving and working towards their own lives and their own futures we’d have less interest in grabbing other people’s assets

We are a capitalist country
Everyone needs to contribute and earn it for themselves.

‘There has to be something we can do to redistribute wealth in this country’. This isn’t about redistributing other people’s wealth. People need to make their way in the world and there is a welfare state for those who can’t.

Your idea of spreading other peoples money around simply means those other people will leave. Then who pays for the welfare state, who pays for the crippling council tax costs.

No one

This attitude of taxing net contributors more and more is and will continue to ruin this country

MrsSkylerWhite · 23/11/2025 19:38

EasternStandard · 23/11/2025 19:34

And? It’s not some moral hurdle to stay in one country. You’ve just lamented that they can’t leave anyway.

You’ve benefited from rising house prices and passed that on. There’s no moral high ground here.

FWIW, we bought our house in Lytham in 2010 for £525. we we sold it 3
months ago for the same price, having sent £100k extending and upgrading. It was marketed at 695 “for a quick sale”.