Everyone should pay their fair share

You might say it’s just ‘soak the rich’ populism, but a wealth tax makes economic and political sense

Nobody likes paying taxes. We hate income taxes such as the USC. We loathe consumption taxes like Vat. We truly hate even the idea of a wealth tax.

Everyone feels like someone else should be taxed to pay for the services we are all provided by the state. If you are blessed with a high income and lots of property or financial assets like bonds and shares, you’ll point out, correctly, that people ...