• The post you are reporting:
   
  PaulB - That is an incredibly naive and simplistic view that does not reflect what would happen in reality.
  
  Do that and you will shrink the total pot quite dramatically. You would instantly remove aspiration from the equation, it would not be worth taking risks, working hard or expanding a business. Not only that how would you realise the assets that would need to be sold? Who would buy them? Glut the market and the price drops. Your premise is simply absurd.
  
  Secondly even if that were possible (it is not) within 12 months you will be back where you started. There will again be rich and poor and almost certainly it will be broadly speaking the same now who are rich and the same who are poor. But, yes it will all be relative, as the total 'pot' of wealth will be a lot smaller so the poor will be poorer than now.
  
  If you want proper fairness then forget the socialist idea of fairness. Focus fairness on creating opportunity for people to improve their own lives by their own efforts and for that you need a booming and prosperous economy. To do that you need lower and simpler taxes, less red tape and rules, a lower state burden overall and a system that provides a basic temporary safety net for when people 'fall out of bed' to help them pick themselves up - not as now a state benefit system that locks them into the poverty of benefits.

Report Post

Your Name

Reason