In other words the billionaires finds ways to doge the taxes. Why do the politicians avoid subermerging them with taxes? Answering my own question. Because the politicians are paid by the billionaires, like in the States, to do exactly the opposite. Is that right?
Well sort of. Parties on the right tend to be financed by the rich so have no incentive to change things.
(I am not an economist or financial expert so take my comments with a pinch of salt. 
)
The difficulty is that encouraging people to invest their savings in ways that boost the economy is a good thing - if investments are taxed at the same rate as earnings there is no incentive to salt money away in schemes that provide finance for business, people would just go and spend it, which could mean buying consumer goods imported from overseas.
And tax measures aimed at the rich can also affect those on middle incomes, who all parties rely on for votes.
Oxfam is calling for a wealth tax which might be one way of addressing it, but the counter-argument is that such measures simply encourage the wealthy to be more aggressive in their tax evasion.
I donāt know what the answer is, and nor do politicians probably.
Because they are part of the same club.
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I refer the Honourable solar halo to my comments above - some are, some arenāt. And taxes on unearned income do have economic ramifications, itās not as simple as āwhack up capital gains tax and all will be wellā.
Reading this topic makes me smile.
If the boot was in the other foot then without exception those who seem to despise wealth would revel in it.
Jealousy seems to be the basic problem here rather than accepting your lot and being grateful for the cards life has dealt.
Shouting āitās not fairā from the parapet never works.
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Not really. Wealth doesnāt necessarily make you happy and extreme wealth even less so.
In the UK the top 10% of households hold over 44% of the nationās total wealth, while the poorest 50% own just 9%.
In the last century it used to be much worse - in 1900 the top 10% owned 92% of the wealth - but itās still true that:
By 2023, the richest 50 families in the UK held more wealth than half of the UK population, comprising 34.1 million people. If the wealth of the super rich continues to grow at the rate it has been, by 2035, the wealth of the richest 200 families will be larger than the whole UK GDP.
Source: The Scale of Economic Inequality in the UK - Equality Trust
A society where there is extreme financial inequality is not a healthy one - rebalancing that is not a matter of jealousy but creating a society that has the resources to help those most in need while still allowing initiative and enterprise to be rewarded.
Having multi-billionaires hoarding a very large proportion of the wealth of the world is good for nobody - not even them.
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One of the only 3 good things in Croydon
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Which begs the questionā¦ what are the other two?
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Iām guessing you havenāt got an argument against the logic?
No, voting in a government on a mandate to make it fair, could and I, personally, look forward to the day when we actually have that opportunity.
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Beanos (second hand record shop also originally in Surrey Street) and the Cartoon
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Weāre lucky here, we have 2 local butchers, 1 also has its own farm so lots come from there and the other only sells locally produced meat. Weāve a fruit & veg shop that tries to sell as much local produce as possible and will happily buy excess from gardeners with excess produce.
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When we were in the UK we used to have veg boxes delivered, we were with a couple of schemes linked with farmers who sold direct to the schemes. It wasnāt necessarily cheaper than the supermarkets but you couldnāt really make a direct comparison, but I donāt think it was much more expensive.
There is a local company that delivers organics, but you get what you get.
We grow a lot of our own veg and freeze a lot as well as making soups for the freezer too. We recently finished last years spuds and now happily eating fresh, 1st earlyās
Having some experience of how Supermarkets workā¦ in the UK at leastā¦
I know that something sold at a low price in the supermarket possibly/
probably means the Supplier has taken a hit and is perhaps being paid by the Supermarket less than the cost of production.
I enjoy buying direct from our local producers if at all possible. Yes, it might cost more than in the SM ā¦ but I want to support the small growers/producers. 
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Thereās a āfarmerās marketā in Guildford but given the industrial style of food production in the UK Iām not sure how farmery the actual produce is.
Also it costs a minimum of Ā£4.30 to park in Guildford which rather militates against shopping there.
I do try and buy organic stuff in Sainsburyās though.
No, no, not I !
However, I have watched and learned how things work in this world. I do try very hard not to be cynical.
No argument for or against the logic, purely my observation.
Life is too short to wait for that day, tomorrow never comes!
I see no point in getting uptight about people and their finances that are beyond the grasp of government.
It could be said that the super rich are the government in everything but name.
But thatās not hard though given the price of houses in certain parts of the country.
It sounds more like an ad hominem, rather than argue the point, criticise the poster.
Perhaps Iām still sufficiently naive to think that we should try to resolve that rather than tolerate it.
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