Of the counter-productive effects? I have a bunch of shares in a private company that I was given for good performance and retention. At the latest share price from the latest funding round they’re worth more than enough to put me in the 0.5%. However, they’re not liquid - I can’t sell them unless the company floats or is bought. Under a simple wealth tax I’d have to pay many thousands of pounds of tax on them every year despite them having no realisable value. Just because something is an asset with a nominal value doesn’t mean it’s liquid or generating income. Obviously when (if) I sell the shares I’ll pay capital gains, or if they generate a dividend, income tax.
MoonManKipper
joined 2 years ago
Thanks - is there a DNS blocking app you recommend?
It’s a good game - I got my moneys worth from it, and the history of the Czech legion is remarkable! They pretty much define ‘going home the long way’!
Wonder is essential to enjoying the world. Never lose it. Good post. I got a similar feeling from visiting Cape Canaveral and Ely Cathedral
I don’t know the context but this seems a pretty reasonable reaction to learning you’re going to be father of triplets. I’m sure that once he’s calmed down he’ll be back to fulfil his duties
Doesn’t have to be without risk - just has to have the same risk. Plenty of risk in regular dentistry
I imagine they started simple!
I’ve had the same experience - make sure they don’t get hot (or are rated for it)
Agreed- the series is massively overrated
Oh get a room you two!
Trickle down is complete BS and the many ways to avoid wealth taxes are part of the problem with them. You need to properly tax income and capital gains and close as many of the loopholes around each as possible. Then add a proper estate tax as well to reduce inter generational wealth