cookiemonster
Veteran
- Location
- Far away from the asylum
If you think that wealthy folk don't spend any money where they live, you're in for a surprise. That is what makes world commerce.
Private sector creates wealth for governments to spend.
If you over tax the wealthy, you make the country poorer, less services
See Rachel
That's been proven to be wrong so many times.
If you give millionaires a tax cut, they'll not spend it locally but with an offshore tax accountant or put it in an offshore tax dodging account.
If you give workers a nice pay rise, say from minimum to living wage, they'll spend it locally in shops etc thus creating more jobs and so more tax income and so on.
If all these millionaires and billionaires have created wealth for the nation, why is the UK skint?
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