The Daily Patriot
British News · Patriotic Voice
Britain is facing a social emergency after the Green Party unveiled plans for a wealth tax that experts warn could drive the nation’s richest individuals abroad, potentially leaving entire postcode areas of Surrey without anyone to complain about inheritance tax at dinner parties.
The proposal, which would affect households with assets exceeding £10 million, has been condemned by leading economists, three think tanks funded by people with assets exceeding £10 million, and a man called Gerald who phoned in to GB News at 11am on a Tuesday.
“We simply cannot afford to lose these people,” said one analyst. “Who will buy the second, third and fourth properties that ordinary families need in order to have somewhere to rent at an amount that constitutes most of their salary? The Green Party has not thought this through.”
The IFS warned that wealth taxes of this kind historically cause capital flight, a term which in this context means rich people going to live in Monaco, which they were already doing anyway but for different reasons.
Green Party co-leader Carla Denyer said the policy was designed to fund public services, a phrase which The Daily Patriot understands to mean hospitals and that sort of thing.
Gavin Bacon of Reform UK described the proposal as “an attack on aspiration.” “Today it’s people with ten million pounds,” he said. “Tomorrow it could be anyone. That is not a slippery slope. That is a cliff.”