RLY

RAFC ⚽ - F1 - LN1

[RLY @RLY15_]

@itsblakexx Remember the days when big businesses like Cadburys built entire villages like Bournville?

I'm still waiting for Amazon to build a village named 'Prime' for its workers...

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@DanielPriestley The Nordic countries prove you don't have to choose.

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@gotoeIeven @_Unknown_D_ If you're a billionaire now, and a 2% wealth tax makes you worse off than living in a tax haven, you'd be financially better off just moving to the tax haven now.

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@PolaBear2637 @_Unknown_D_ 100%. About two thirds of the Danish economy is unionised, with no legal minimum wage.

Higher average salaries across the board than the UK, more workers rights and protections, higher disposable income per person, and yet, higher taxes!

[RLY @RLY15_]

@GeeDee441682 @_Unknown_D_ 35-40% in the 80s
45% now

Yet Welfare spending hasn't really changed (about 10-11% for both periods).

That suggests spending on infrastructure, for example, took a massive hit.

Why's that a good thing for business?

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@RegHumber @_Unknown_D_ Yep, and I don't think the UK should implement one either. There are better ways to address inequality.

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@_Unknown_D_ I agree with your last paragraph, and for the record I don't think a wealth tax would work as intended.

Countries that use socialist and capitalist policies combined to counter each other's strengths and weaknesses, ultimately reduce inequality without stifling entrepreneurs.

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@gotoeIeven @_Unknown_D_ That's because I wasn't trying to disprove a wealth tax wouldn't work. I don't think it would all things considered.

I'm pointing out the "I'd leave if you tax me more" brigade has a very significant flaw in their logic, which ultimately ends up harming their own interests.

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@boop9085 @_Unknown_D_ There were basic services in the 1800s. There were entrepreneurs in the 1800s.

But we've got more and better entrepreneurs now, and we have more and better basic public services now.

Not really sure what point you're trying to make tbh.

[RLY @RLY15_]

@_Unknown_D_ The percentage spent on welfare as a total of gov. spending is no different than the 1980s. Wasn't deemed a problem then under Thatcher, so why now?

I point you to Denmark and Sweden, who have higher average tax rates, and more unicorns per million people than the UK.

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@jimthegiant They think higher taxes means being anti-capitalist/free markets. I'd point them to the Nordic countries who show both socialist and capitalist principles can co-exist in the same economy, very well in fact.

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@Polyphemos1973 @UnionJacked__ @garyseconomics If you want to tax the broadest cohorts more, pay them more. I point you to the Nordic countries (mainly Denmark and Sweden) for the answer. And per million of population, they still create more unicorn companies than us, and have better functioning public services...

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@Polyphemos1973 @UnionJacked__ @garyseconomics Countries with better functioning basic services and utilities tax more. Granted, they're also a lot more unionised, so pay workers more, they don't privatise and centralise basic services anywhere near as much. I'm not saying more tax only, but generally, yes, tax more.

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@GBNEWS @markwhiteTV Why make it sound so painful to admit your own country's Prime Minister got something right? Absolute clown show

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@craigaradford It's not their education we need to check, it's their algorithm.

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@cgdav135 I think it's identified the idealists and the pragmatists in our politics, and I for one, am very thankful for that clarity.

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@DrChrisParry Except he didn't do that did he

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@DrNeilStone Do you have any alternatives in mind? Nigel's busy arguing with a bin, Kemi's not ready, we've all forgotten about Ed, and Zack isn't exactly PM material.