The UK Is The Most Unequal High-Income Country In The World

I'm sorry to pour cold water on your theory but I and my partner graduated from university in 1983, neither of us managed to get a job , or a successful career without affluent university educated parents going to university in London was no guarantee-I also know many others who had the same sort of background who went to university in London who also had a career no better than if you left school at 16.We are 62 and no longer working and neither of us ever paid higher rate tax.

There is a BIG problem with taxing capital gains in that the Tax base becomes dependent on the performance of the stock market and another issue is just when the stock market and possibly the economy is going DOWN hard that is when the Government needs to spend more money at the bottom of a business cycle to save the economy and yet the tax collection could collapse down as well. So I think this would require other taxes to balance it out.

I am not sure how it works in the UK but in the USA wealthy get paid, depending on the company and other factors, with shares of the company so one way is to just have a limit on that so that money has to first go through the more stable and standard income tax first, then capital gains on top.

I am for the overall idea of inheritance tax because of the massive transfer of wealth from baby boomers and on in future generations but the one issue here is the question if it is consistent? if every year leads to different tax collection it is just not a very stable tax base and will need many other parts of the tax system to balance it, I assume.

Taxing the wealthy, taxing inheritance, taxing capital gain is all nice on paper but each has problems that need to be worked on, connecting the tax system to the performance of the stock market, difference from month to month and year to year.

But overall I agree with this in both the USA and UK

Neoliberal economics has wrecked the UK economy. The mantra "small government, low taxes" is nonsense. We ended up with dysfunctional government which does not deliver any public services, high taxes, high cost of living and unnaffordable housing. The inequality has worsened the class divisions.

Im from Southport to – it does make you angry

Britain is a poor county with a rich capital city

By the way Liverpool is dirty and a shit of a city

Everybody knows how corrupt the country is and what can you do about it when there are 70-80 million violent uncivilised divided groups to cope with. What do you do? we are all refugees in this country. it is totally destroyed by pomp and greed

HS2 was originally to seamlessly link HS1, via Heathrow Airport, to the north.
It wasn't just a connection to London – it was an HS connection to international flights and the heart of Europe.
The best thing that could be done now is to stop all work on it (and environmental destruction,) until we have a leadership with the balls to do it properly.

The UK is so unequal because some people aren't trying to better themselves. At school, they don't attempt to study and learn. Then they go into a dead end job. They don't go to evening classes. They don't spend their money on learning trade skills.
They're lacking the ethos of self improvement.
Sir Paul Collier tells us, "If you're born in the wrong place with the wrong sort of parents then you life chances are sh*t". Precisely. It's all down to your culture. You have to get off your arse, train to do something useful, and then provide whatever it is for others.

Tax the greedy, not the rich.