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Surely we must pay more taxes!?

(507 Posts)
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M0nica Mon 24-Feb-25 20:37:04

Please could someone define what they mean by wealthy.

What size of income? what value of assets?

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Delila Mon 24-Feb-25 20:23:56

My heart sank when Jeremy Hunt, on the World at One (Radio4) today suggested that the extra money needed for defence will have to come out of “welfare”.

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Barleyfields Mon 24-Feb-25 20:23:03

It would indeed, Whitewavemark.

I don’t agree that tech companies should be more heavily taxed, OP - they are our future. I don’t know why you suggest that.

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Whitewavemark2 Mon 24-Feb-25 20:17:17

Releasing herself from the self imposed fiscal restraints would be a start.

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Jane71 Mon 24-Feb-25 19:51:40

Well yes, and no. I'd like to think that we could raise more money by closing loop holes that the wealthy and companies find to use to avoid paying their fair share.
Would also be a good thing to close the inequality gap, but that just seems to keep on increasing.

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pascal30 Mon 24-Feb-25 19:49:20

Perhaps this ineffectual finance minister could take the radical and obvious step of taxing the wealthy!!!

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Struthruth Mon 24-Feb-25 19:28:23

We need substantially more money for defence, I would suggest that the population would be more prepared to see an increase in income tax, than to decimate public services more or cut back on infrastructure/social care etc.

Perhaps more controversially tax tec companies, the super rich etc to reduce the disparity between rich and poor.

Trying to bring much needed change to our struggling country plus the extra but necessary burden of defence costs without extra funds will just cripple us and we will become a country of ‘pot holes’.

Over to you…..

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