Camilla Tominey humiliated on #BBCQT
Gary Stevenson explains how we have given away national assets to rich people, so we should tax rich people
Camilla Tominey dismisses the call to tax rich people by saying everyone pays taxes
Gary Stevenson explains to tax the rich on their wealth
Camilla Tominey says taxing the rich doesn't work, then cites European efforts to do so, she cites Norway
But Norway haven't scrapped their wealth tax - In 2021 Norway raised the wealth tax from 0.85% to 1.0%, and to 1.1% for the richest. Their wealth tax brings in 34.5 billion kroner (about £2 billion)
Gary Stevenson answers citing the second home stamp duty tax brought in by the Conservatives which has a loophole exempting those who buy 7 homes or more at once citing Jeremy Hunt
Fiona Bruce says she doesn't know if he did or didn't buy 7 homes
In 2018 Jeremy Hunt bought 7 flats in Southampton, doing go he made use of the loophole and saved over £100,000 in stamp duty tax. Not only did he do this, but Hunt didn't initially declare the purchase. This was a big story, surprised Bruce didn't know about it
Gary Stevenson then explains how these loopholes mean rich people avoid paying tax, and its everyday people who end up paying more
Camilla Tominey now humiliated over the idea of a wealth tax, then shifts her position wondering if wealth taxes will go to the poorest and not train drivers who are better paid
She's trying to compare millionaires with non millionaires to suggest that we shouldn't tax more millionaires
This is like saying, can you guarantee that leaving the EU will drop immigration. Well it could have, but it didn't because the people who convinced others to Brexit, like Boris Johnson, increased legal immigration to this country
She also knows that tax today is specifically allocated to specific causes, so she's trying to create a reason not to tax the rich
In reality, the way any tax is allocated to spending is down to any specific government policy, so it isn't whether we do or dont have a wealth, it's whether government choses a policy that allocates the additional income that is earned
But also, and this is the crucial part, she started saying that wealth taxes don't work, and then she ends saying that you can't guarantee that they will go to those who need it the most - these are two different positions, and the second one nullifies the first as its an admission that wealth taxes could work but she dismisses them because they may not go to those most in need
If a wealth tax, helps society in any way, it has worked e.g. fixing potholes that benefits everyone, including the poorest
The extent to which people go to to dismiss wealth taxes on the rich is astonishing, tragic, and it is only our society that loses out by not doing so
The time has come to dispense with Laura Kuenssberg and replace her with the less biased and more competent Victoria Derbyshire. Like or repost if you agree. #BBCLauraK
All that and they still want to load the company with another £3 billion in debt and put your bills up by 53%.
Welcome to regulatory and political failure.
Is this the US speaking or Russia?
Thank you for the lessons, Mr Vance, but if you speak of democracy while supporting Europe's far right, you have no legitimacy. #MSC
https://t.co/S8zBKDX7Mj
Britain: we have to understand wtf we’ve done. We’ve allowed one of Trump’s closest allies have access to our entire NHS data systems. This is the CEO of Palantir telling shareholders that ‘when it’s necessary to scare enemies & on occasion kill them’
Appears the French aren't happy with our sh*t washing up on their beaches.
"In the United Kingdom, this scandal that poisons the rivers. Privatised since Thatcher and the victim of under-investment, the sewer network is overflowing and waste water is flowing into the Channel and the North Sea."
The UK needs to lead in Europe again. We can't rely on Trump, and Labour hasn't shown the urgency or ambition to fix our relationship with our closest neighbours.
A UK-EU customs union is the first step repairing that relationship.
https://t.co/royuwtaXl1
Abramovich tax dodge must be probed, HMRC urged.
UK rarely tackles tax abuse by billionaires.
Pandora Papers, Paradise Papers, Bahamas Leaks, HSBC Leaks, LuxLeaks, Panama Papers, Offshore Leaks have led to little action.
Govts chase little people.
https://t.co/m6Y5PhyP4a
70k signatures to rejoin the EU. Big petition, timely too - polling shows the public is in favour. Let’s get it to 100k and push Labour to debate rejoining. It’s the glaringly obvious solution our economic problems and the rise of the far right.
Please RT.
https://t.co/bwFWFFs6j6
🔴Reform UK Limited: The Political Business Brought to You by Billionaires
Despite its wealthy backers and blanket media coverage, few have peered under the bonnet of Reform UK. It’s time to take a look at its backers
https://t.co/wc6YNdEXlI
Billionaire Roman Abramovich dodged taxes on cost of running his fleet of superyachts.
Accountants/Lawyers involved.
Front companies in Cyprus and BVI used.
Any pristine billionaires?
Tax authorities chase little people, rarely go after bigger beasts.
https://t.co/NTpJjuE4DA
Anglian Water passed thousands of pollution tests at sewage plants that weren’t carried out.
That's what happens when companies self certify.
Sewage dumping under stated.
Will get worse, regulators required to promote growth i.e. keep quiet, fewer fines
https://t.co/IcftGmkVSG
"Shocking map shows where sewage has been dumped into UK rivers."
Great coverage in today's press for Sewage Map https://t.co/hhotj9j3DG
https://t.co/wk6L9MScLv