Gransnet forums

News & politics

The difference between Wealth Tax, Inheritance Tax and Income Tax

(7 Posts)
DaisyAnneReturns Sun 14-Jun-26 10:27:10

www.youtube.com/watch?v=F8mfqPNdENw

To keep this thread productive, please do not reply unless you have watched the video. Posts that clearly indicate the video has not been viewed may be ignored, as the purpose of this topic is to discuss the video's actual content.

Aveline Sun 14-Jun-26 10:46:58

Ooh. A thread with instructions!

Tuliptree Sun 14-Jun-26 10:53:21

Aveline

Ooh. A thread with instructions!

Or rather an attempt to have an informed discussion. Much as I appreciate the intention DAR I fear it will be difficult to achieve

kittylester Sun 14-Jun-26 10:59:52

Aveline

Ooh. A thread with instructions!

Bit scary really.

Please feel free to ignore my post as I clearly haven't watched the video.

It's Sunday morning, have some of the grandchildren here and a chicken to roast.

Jaxjacky Sun 14-Jun-26 11:15:52

Not for me thanks, ‘tis a day of rest, not work.

grumppa Sun 14-Jun-26 11:56:30

The case presented for a wealth tax is logical enough, but it is based on the assumption of a low rate of tax on the very wealthy (1% on £10 million) earning 5% or more on their wealth. Would governments stick to those sorts of figure? And what constitutes wealth? Some assets (e.g. the houses we live in) produce no income to pay the tax which would be levied on their value.

MawsRosie Sun 14-Jun-26 12:06:56

To keep this thread productive, please do not reply unless you have watched the video. Posts that clearly indicate the video has not been viewed may be ignored, as the purpose of this topic is to discuss the video's actual content

This is a bit steep!
Given that the thread title is Tge difference between wealth tax, inheritance tax and income tax, does OP base her instructions on an assumption that the rest of us do not know the difference ?
If the thread is designed to explicitly discuss a video should it perhaps be on one of the Media forums?

I like others here do not take kindly to bossiness in any shape or form - so although I can quite confidently appreciate and understand OP’s issue -I’m out.
And if anybody (who?) chooses to ignore my post - so be it.