Is there any evidence-based analysis supporting that (it’s a genuine question) ? I can see how the wealthy and powerful would care a great deal about protecting their wealth and power. But I’m struggling to see why they’d bust a gut protecting land and property values specifically, when they could quite easily move almost all of their money into something else if land and property were an easy way for a cash-strapped government to raise tax.
The simple fact it hasn’t happened is strong evidence given all the bizarre things governments over the ages have taxed.
It is in the interests of the wealthy to keep a simple and cheap way of employing their capitol without undue taxation. As an example, that well know farmer, Lord Dyson of vacuum fame amassed so much that he became the largest private recipient of EU subsidies in the UK. I rather suspect he wouldn’t know one end of a cabbage from a carrot.
Can I provide you an in depth study, nope. Some available via Google though.
The wealthy have always kept wealth in land and found ways to exploit it.
The total carnage that is the leasehold system goes back to the 11th Century when the wealthy worked out how to have their cake and eat it. Britain is one of the only places in the world where you can buy a house, live in it yet never own it
Well, it’s not really. It’s a correlation, but not proof of causation (by the rich acting on the government). The sad fact is that the rich are good at avoiding any and every kind of tax. It costs more to chase them than you ever recover, and I suspect that there’s nothing magic about land taxes that would make that untrue. So government’s options are either to force the rich out altogether, in which case the tax revenue from them becomes absolutely zero, or to use them to prop up the value of whichever asset suits you best, by taxing that rather less than all the other things.
As it happens Dyson owns a lot of the land around here, and sticks his name on it (oddly it seems to be Beeswax Dyson) too, in the form of signs asking me to stick to the footpaths please. He does claim some knowledge of farm work in his youth. That said, he can’t spell Brussels sprout https://www.dyson.co.uk/newsroom/overview/features/september-2020/technology-and-farming.
we’ll just agree to disagree.
AFAIK farms are not subject to inheritance tax, which is the main reason why so many v wealthy musicians, tv presenters, comedians become farmers.
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Every day’s a school day!
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I see that Bonzo could face a rebellion over his daft plans to raise NI to cover the costs of his social care plan. For once I hope the Tory right succeed. Taxing the young to pay for social care and protect the inheritance of the wealthy doesn’t appeal. Labor are looking at increasing capital gains so it hits wealthy investors and land transactions. Should be fun in parliament next week as this plays out.
Didn’t Phil Hammond have to back down from increasing NI back in the olden days?
Half of all children in the UK are in households on universal credit? If that’s true then it’s a tragedy.
‘The chancellor, Rishi Sunak, plans to cut universal credit by £20 a week from next month. The £20 was introduced at the start of the pandemic, and its loss will affect the incomes of 6 million families and about half of all UK children.’
I received notification of it last week or so. Finishes for me next week.
What a fucking mess this shower of inept hoorah Henry’s have created. From Afghanistan, covid, brexit to food on the shelves all a fucking mess and still soft cunts support them because they think they will be better off financially. Selfish self serving twats.
Mini rant over, as you were.
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Part of me feels quite sorry for this chap. Our mental health institutions have been guilty of failing their patients appallingly at times so who knows what he went through, and he is clearly broken.
But as always, there’s grains of believable stuff in amongst the crackpot theories.
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Just been to Sainsbury’s, not one packet of ground coffee in the place, fucking zero 
The coffee growers of the EU are obviously no longer sending it here. 
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Eggzackerly 
We get Yorkshire tea, how about some Cumbrian coffee
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