We need to talk about wealth and tax the rich

It really is a taboo to talk about taxing the wealthy or super rich, let alone electing political officials that introduce such measures. Most people with millions and billions of pounds can not only afford to hire great minds and accountants to ensure they pay the bare minimum in taxes, they can also afford to fund political interests in both the left and right side of the mainstream political establishment to stand up and enforce a no tax policy for the super wealthy to such an extent that it is never mainstream enough political idea or policy that might be adopted by governments across the global mainstream of wealthy or developed economies and countries where such policies could truly save and enhance lives.  

In the US wealth is good and talking about taxing wealth in some way makes you a communist ,which is just nonsense, but again the propaganda painted like dirty mud on a wall it sticks backed up by both mainstream republican and democrat parties.  

In the UK the super wealthy people here are often landowners and royalty, asset owners and stripers but not really in the game of working or being out of work but like many with wealth very quick to judge those out of work or in low paid jobs. It is so taboo in the UK to say or even argue that the monarchy should pay its fair share of tax or live within the countries means and have money spent on it that the country can afford or even just pay for its own affairs AND be taxed too – such views are heresy and taboo.  No knighthoods for the PM that advocates the downsizing of a royal budget. Its in the interest of the wealthy of the UK to see the defence of the monarchy and the money that is spent on maintaining it and not taxing it as sacrosanct because it also keeps in line the rest of the population with the illusion that no super wealthy people should be taxed of their wealth especially the royals and their chums.

Since Covid-19 the amount of money that has gone to the super rich and already wealthy has sky rocketed and they will do all they can to keep hold of said wealth even though they will do vary little with it accept have a few more digits on a bank account or two.

When money is given an opportunity to be earned or provided to those that are deemed working class, underclass or even middle class the vast majority of that finance will be ploughed back into the consumption economy which will be good for jobs and consumer spending and retailers. But when money just becomes digits in a bank account sitting generating interest for the super rich, it has no capacity to oil the wheels of an economy like it can seeing real finance in the hands of those that are able to directly spend said finance into a consumption economy.

The UK labour government are bending over backwards at present to please people that have no interest in being pleased by them. You have Trump taxing the globe for trade arguments and divisiveness generating dollars for a US government that is presently stopping many good products and services it delivers to its own citizens as well as those around the world as a huge experiment in how to screw things up that will likely go badly wrong. You have Labour in the UK rolling out Austerity 2.0 for those on benefits in the UK there is no plan 1.0 let alone 2.0 on how to modernise the monarchy or increase wealth generation from the rich in the UK, you can in no way provide for a society by piddling around at the edges of an already failing wealth maintaining system as is the UK. Those across the globe that increase their own wealth and fortune at the expense of the spending power of others often seem more like black holes absorbing and destroying other areas of the economy and sucking out the life of all in their way without replacing the taken away wealth with a a positive generated benefit at all.

This is not just a collection of theories but an unsustainable model of consumption and wealth generation. Just as economic drivers and wealth holders do not care for the wildlife and environment that sustains us all, that their wealth generation has destroyed, shock horror they also do not care about the people damaged and destroyed in the process of this pattern of wealth creation either. Hence tax the wealth before it destroys us all and there is then nothing left to be destroyed or taxed at all.   

If governments are not their to save lives and enhance the way we live then what are we voting for at all, we don’t vote for slightly better terms or existence. We vote to be given an opportunity to be alive and thrive not just to survive or slowly be chipped away at or suddenly stolen from us until we die.

Running To Stand Still – Elbow