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London Transport (uk.transport.london) Discussion of all forms of transport in London. |
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![]() "Oliver Keating" wrote in message ... I can't say I have a second home, but why should a second home be heavily taxed? Because people who own 2 houses are clearly very rich, and the rich should be targeted for tax for two reasons: 1) Social justice What on earth is social justice? I don't know if you've ever noticed, but people who have a fair bit of money chucking around generally have it for a reason. The average rich person probably runs a business which employs a fair few people, or is high up in a business and through their work ensures the business is profitable, thus employing people. It's not like they've made their money by walking around flogging the working classes and killing their children. The aforementioned rich ******* and his employees go and spend money, which makes more jobs for the people selling goods and providing services. You tax people purely because they're rich and all you do is put off people from being enterprising. 2) It would actually be impossible to raise enough revenue if everyone was taxed to the same %age because the rich provide a disproportionately large chunk of revenue. But if you reduce the tax burden surely you encourage enterprise, which moves more money around the economy and thus you still get your tax. I am not an economist, but AFAIK there are still arguments about high vs low tax ![]() spending and earning more cash. |
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