The UK does have a 2‑tier tax system. A pay‑what‑you‑want deal for the super‑rich & a make‑up‑the‑gap deal for everyone else. But Reform don’t have a plan to fix it.
This policy just distracts from their billionaire backers by pitting low‑paid workers against each other. 🧵1/4
One man now holds more wealth than the poorest 46% of the planet.
That's not a success story, it's proof that our political, economic & social system is fundamentally rigged & has to change.
Join the movement to tax the super-rich: taxjustice.uk/sign-up-to-o...
Anyone genuinely interested in improving lives should be talking about tackling inequality by taxing extreme wealth, to unlock ÂŁbillions in investment to create jobs, support growth, build affordable housing, improve infrastructure & get on with delivering on what matters.
4/4
This policy design shows a total lack of knowledge about how taxation can fix the real problems facing businesses and people. Given recent events, this sort of rhetoric is also irresponsible and puts people across the UK in real danger. 3/4
Even taking the policy on its own terms, sectors with a higher density of migrant employment— like health and social care, crucial to a well-functioning society— have plenty of issues that take precedence before employers' National Insurance contributions. 2/4
What do Makerfield residents want?
What a surprise... when asked, like the rest of the country, they want:
âś… A #WealthTax to fund better public services
✅ A cap on political donations to stop the super‑rich warping our democracy
It's time the govt acted.
www.theguardian.com/politics/202...
Great, we have a trillionaire now. So, when does it trickle down again? #WealthTax now.
taxjustice.uk/blog/1000000...
Video
Why are our public services struggling?
"...while 99% of us are paying, in total, 40% to 50% tax on our incomes, billionaires are paying a rate equating to 25% at most. As for wealth, the situation is much worse."
www.theguardian.com/politics/202...
