The Mudcat Café TM
Thread #163382   Message #3897440
Posted By: Stanron
05-Jan-18 - 03:27 AM
Thread Name: BS: Conversations - Nigel Lawson (Political)
Subject: RE: BS: Conversations - Nigel Lawson (Political)
Big Al Whittle wrote: Thatcher and every tory government since has stuck to the right wing gospel that fuck all needs doing except seeing the market forces have free rein and that the rich pay no taxes.

i can see that you and Stanron probably go along with that. Terrifying you've both got the vote really.

I do think that governments who interfere with market prices create more economic damage than benefit but the idea that the rich pay no taxes is ludicrous. The rich may well spend a smaller percentage of their overall wealth on tax than the poorer person but they far spend more in total. Just in vat the tax on a roller or bmw will be more than I will spend in total this year, and that's before they pay for fuel, plus fuel tax, or the wages of a chauffeur (which would include his income tax too).