this post was submitted on 22 Nov 2025
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UK Politics

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[–] FishFace@piefed.social 1 points 19 hours ago (1 children)

Yeah, stocks, very significantly. It's really not hard to move that wealth by selling stocks.

It's not hard to sell the factory you own to a company that isn't owned by any individual.

It's not just my uninformed opinion; the forecasts find this too, as does history looking at other wealth taxes. That's why the idea of the one off tax comes up - experts aren't necessarily opposed to the idea of teaching wealth in principle.

[–] NoneOfUrBusiness@fedia.io 1 points 18 hours ago (1 children)

It's not hard to sell the factory you own to a company that isn't owned by any individual.

Sure? It's not like companies are immune to taxation.

experts aren't necessarily opposed to the idea of teaching wealth in principle.

"Experts" also tend to be neoliberals more concerned with balancing the budget and increasing GDP than with feeding living breathing people, so I'm not too concerned about what they say.

[–] FishFace@piefed.social 1 points 17 hours ago

Do you want to tax companies on their total assets, as well as individuals? That's insane, and extremely distortional.

Well I'm sure you've "done your research" but if you come up with an excuse to ignore everyone who disagrees with you, you do lose all credibility.