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John Woods's avatar

A nice summary of tax options in the FT. Whatever next. I believe we will eventually tax what is called wealth. Much of it is in land which has not changed hands since before the Land Registry was formed and is therefore outside the system. The abolition of Stamp Duty in the FT article hinted that land value should be taxed instead. Extend such a tax to the people who own most of the land in the UK and you have a wealth tax. I disagree with most of your opinions on Brexit which was a Tory shitshow. Cameron was blackmailed by Jacob Rees-Mogg and the 70 members of the ERG into promising a referendum if he got a majority in 2015, which he did. This was a major institutional question that should have required a 67% majority. Not only was that not included in the requirement, the Ex-Pats who lived in Europe and were allowed to vote in General Elections were excluded as they had an interest in remaining in the EU. Cameron could have declared that the majority was too small to justify leaving the EU but lacking the courage to do that, he resigned. His successors were the blind leading the blind.

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Ronelle's avatar

Best you find the period . mid sentence and explain its purpose??? (period police)

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