[Sephiroth]

Originally Posted by ianch99

Seph, I am not sure if you are doing this deliberately but you keep referring to Income Tax in your responses. You know very well that the ultra wealthy do not accrue wealth via "income", rather they use other, more tax efficient, vehicles which attract far lower tax rates, if indeed they pay tax at all.

Ian, the problem you've got is conflating "fair and square" in the social sense with "fair and square" in tax proportion equivalence.

Your argument boils down to "it's not fair that rich people get away with tax avoidance scheme whereas the poor nurse isn't as rich and can't get away with anything". Fair enough - you don't appear to like this wealth gap.

I was referring to income tax because, like you, I believe in a fair tax system that isn't loaded towards the rich through enabled avoidance. But I also subscribe to JR's theories ( https://johnredwoodsdiary.com/2012/0...-the-rich-pay/ ) which address how taxation must also encourage investors to come to the UK.

I rather think that my stance is somewhat more rational than yours because there are adverse consequences from simply sticking it to the rich.