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Rachel Reeves ‘plots tax raid on solicitors and GPs in crackdown on UK’s wealthy’
(www.independent.co.uk)
this post was submitted on 21 Oct 2025
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Ah - a sensible comment in a thread about a wealth tax 😁. Yes - wealth taxes do raise money if they’re on things that are hard to move - so land, property. Also death duties - add up the estate, take a percentage. Anything else is more trouble than it’s worth. Better to effective and enforced income and consumption taxes.
And no getting away from the fact that it doesn’t solve the problem - to do that most people will have to pay more tax, and government needs to get much more efficient.