Quote:
Originally Posted by Pierre
it was just a term, nothing to read into. You are looking to hard!
you don’t have to be ultra-wealthy to find yourself paying a lot of tax and wishing to avoid doing so.
use of the word precise followed by ish. What if their assets aren’t liquid?
your asking them not to avoid paying more than they need to
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The net increase of wealth should be taxed. I don't care what state of sublimation their assets are in. In the same way that HMRC does not care where you money is when they send you a tax bill.
Riddle me this: what would you prefer?
- the ultra wealthy keep their billions
or
- part of their increasing wealth is used to improve your local services e.g. GPs, Hospitals, Care Homes, Council services, Libraries, Youth services, etc.