“No more fiscal favours? Calls to tax super-rich gain traction around world”
August 14, 2024
“Calls for higher taxes on the super-rich are gaining traction and even conservative governments are joining in… “I don’t think I have seen such big a transformation in the narrative around the tax on wealth as I have in the last three years,” said Rebecca Gowland, executive director of Patriotic Millionaires UK, a pressure group campaigning for an end to extreme wealth.
“And what happened at the G20 is incredibly exciting. There is no concrete policy, but there is agreement from a wide range of countries that the issue needs to be taken seriously and that is a massive step forward,” she added…”
Not going to happen. When you see a bunch of rich people screaming about taxing the rich you know what they’re doing? They are lying. They are really about to tax the middle class. I guess everyone loves to believe in fantasy. It is IMPOSSIBLE to levy high taxes on the rich. They will simply leave. It’s that simple. The countries that do not tax will receive all the wealth. This is not rocket science.
Also do people forget that the rich create the laws? I feel like that I’m saying is super obvious. This is not happening ever. It never has throughout history.