UK Politics

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What does the left want? A wealth tax. What will that accomplish? Very little | Aditya Chakrabortty (www.theguardian.com)

submitted 1 day ago* (last edited 11 hours ago) by frankPodmore@slrpnk.net to c/uk_politics@feddit.uk

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Saw someone the other day saying Labour is the only party that will acknowledge that trade offs exist, but also that they keep picking the side of the trade off guaranteed to annoy their voters, which seemed like a pithy summary of politics.

EDIT: I see we're once again failing the simple reading comprehension test.

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[–] manxu@piefed.social 6 points 1 day ago (1 children)

Can't read the opinion because paywall, but the idea that a wealth tax would accomplish very little is a very stupid idea. Tie it to increases in government safety net services and a reduction of income and regressive taxes and see what happens.

[–] frankPodmore@slrpnk.net 0 points 1 day ago (1 children)

I mean, again, this is basically the argument of the article. But doesn't your second sentence contradict your first? You're acknowledging it would accomplish little on its own and it would need other things with it to make it work!

[–] manxu@piefed.social 4 points 1 day ago

I see your point (still can't read the article, so I can't tell whether that's the argument hehe).