Reginald Barrington wrote:Might as well David once Corbyn has given their Chelsea pads to the homeless they'll have less reason to spend any of it here.
I'm just of to spend my savings in case some socialist idiot with limited understanding of economics decides my work shy neighbour should have it!
Mr Barrington, I think that your comment about limited understanding shows a limited understanding. Despite the FACT that oligarchs have homes aplenty, nobody is saying repose the homes of the rich. It is simple really. If you have been bestowed the great gift of outrageous fortune, why do you need a tax haven or tax break to improve your lot? The Duke of Westminster is 18 years old and avoided inheritance tax by having his father's fortune left to him in a tax-avoidance trust. Zac Goldsmith the same (James Goldsmith of the Referendum Party). Capitalism is supposed to be a system where investment in the workers improves wealth for all with a trickle down.
Economics IS simple - it doesn't have to be complicated. Fair taxation: pay your fair share of tax.
