Redistribution of wealth in the UK

Maybe the PM taking away the non-dom tax loophole could be a step in the right direction.

That the PM can protect his own wife's wealth is immoral surely?

I lived in Sweden many years ago.. in 1975. Even then, the gap between a road sweeper and a doctor was not nearly as big as it is here. It was a socialist country. In Sweden everyone respected that all jobs and therefore all people were essential to the good of the whole. The doctor was more than happy to pay higher taxes as he held these values. I never saw any poverty or a beggar and people had the dignity of knowing they were valued.

As far as I recall childcare was free and housing was mostly government owned and of a very high standard and there was almost free heating for the whole town, that came from a nearby factory that recycled rubbish and heated water that circulated through most the whole town. It was ecologically friendly way ahead of its time.

We are so far removed from these values, innovations and respect for others, sadly.

Tax the really wealthy and rich heavily on anything over the earned income that most professional people have. Use the money accrueing from these taxes to improve houseing, schooling and the NHS.

Insist that all members of parliament are only paid the same as for instance a senior consultant, or a High Court judge.

The money saved can be used to overhaul the NHS, or provide better benefits for those unable to work.

Universal income?

Off shore wealth.

Varian much as I like pie that wasn’t the answer was it?
A Labour government will have to come up with a few good policies next time around before things get worse for poorer people.
No zero hours contracts?

The first thing I would do is unpack and redesign compulsorily the pay packages of the Directors of public companies so that their take home pay from all sources within the company (salary, share options, etc) can only rise by the same amount as those of their employees.

As far as bonuses are concerned, no director can receive a bonus unless all employees receive, % wise, the same amount.

More generally I am not so concerned about the rich getting richer. It is the poor getting poorer that bothers me and that is the difficult part to fix. Raise the Living wage rate too high and we could undermine our manufacturers and jobs because we could see a rise in cheaper imports. Put tarriffs or restrictions on imports and other countries will impose reciprocal measures.

I would like to see Benefits set at a fixed proportion of the minimum wage and it should then be tied to wage inflation. I would like to see pensions tied to wage inflation as well. The way to deal with pensioner poverty is through Pension Credit, not the basic rate, although it should first be defined as a proportion of annual wages.

Another Tory government can never be the solution.

Do you remember the ludicrous Liz Truss saying "we should stop focusing on redistribution and grow the pie" ?

I don't remember any interviewer or commentator challenge the direction of redistribution under the Tories.

Suggestions, varian?

We already, surely, know that the rich are getting richer and the gap between rich and poor is widening.

What do people think is the solution to this?
Do people even think that it's a matter for concern?