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Cake day: December 9th, 2024
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Aux@feddit.ukto politics @lemmy.world•Elon Musk is responsible for “killing the world’s poorest children,” says Bill GatesEnglish11·14 hours agoEveryone should freak out, because it’s an utter lunacy.
Aux@feddit.ukto politics @lemmy.world•Elon Musk is responsible for “killing the world’s poorest children,” says Bill GatesEnglish1·14 hours agoI have no clue who are “we” in your case, but we don’t tax property.
Aux@feddit.ukto politics @lemmy.world•Elon Musk is responsible for “killing the world’s poorest children,” says Bill GatesEnglish11·16 hours agoThere’s a slight issue though - it can’t.
Aux@feddit.ukto politics @lemmy.world•Elon Musk is responsible for “killing the world’s poorest children,” says Bill GatesEnglish11·19 hours agoYou can’t tax wealth. Wealth is not money.
Aux@feddit.ukto politics @lemmy.world•Elon Musk is responsible for “killing the world’s poorest children,” says Bill GatesEnglish11·19 hours agoWealth is not money.
Aux@feddit.ukto politics @lemmy.world•Elon Musk is responsible for “killing the world’s poorest children,” says Bill GatesEnglish3·19 hours agoThe only way to get rid of poverty is to get rid of the poor.
What’s funny is that the French government is not “left-wing”.
These are not actually property taxes. Stamp duty is like VAT, it’s a transaction tax and its rate is very low. You don’t pay stamp duty while owning a property. Council tax is a weird abomination and while it is linked to property value in theory, in practice you’ll pay the same amount if you live in a £1m house or £50m mansion. Business rates are for business, and property owners don’t pay them, only those who rent.
There are no property taxes in the UK. The current government is thinking about land tax, but we’ll see if it ever comes to fruition.