In shocking news this morning, a wealthy man – Dan Neidle of Tax Policy Associates, who used to be senior tax partner of Clifford Chance, one the most prominent and highest earning firms of solicitors in London – has found that wealth taxes won’t work using all the arguments usually used by the wealthy that have been created for them by the economists that they sponsor:
Next up, the Pope is a catholic, after all.
Now, he’s right about the implementation details, which is why I propose other ways of achieving this goal, but the rest is total trickle-down nonsense.
No surprise there then.
I bet Labour loves him. This man, who has never been a friend of tax justice, goes down really well with the likes of Rachel Reeves, and staggeringly, he has always been a Labour Party member, despite his long-held views that opposed just about everything I have ever stood for on taxation issues.
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