The Student Room Group

Why do British people hate success (wealth) so much....?

All this talk of a mansion tax has got me thinking.

Is it really fair to have a tax raid on the rich every time we want to fund some pointless public spending program?

The top 25% of earners in the country already pay 90% of the income tax. Any more taxes is simply ludicrous.

To be honest, I think middle and low earners like to say they are "squeezed", but the reality is much different. Some of those people have never had it so good.

What we really need is less government and less attacks on wealth. The 3 main parties are totally out of touch with whats needed, and just pander to the idiots (the electorate) with cheap one liners to maintain their career in politics.

If we carry on like this, we will end up like socialist France. And surely the fate that greeted Greece will be awaiting us.

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Reply 1
It is jealously...

EDIT: Why would I get negged for this? You must all be middle class
(edited 11 years ago)
Reply 2
The successful middle classes in the UK are just looked on as being a cash cow by the government, it allows them to pay for their ego driven schemes and pointless wars. Inheritance tax is already in place to stop huge wealth accumulation over generations. Taxing wealth earned with income which has already been taxed is disgusting, its theft plain and simple. It probably wont even earn much, but socialists love taxes like this as it buys them more votes from the jealous.
Reply 3
It's not hating wealth to give somebody else a chance. If the government needs more revenue, and has to tax more, you tax those that have more, not people struggling as it is. Only a right wing idiot would dress it up as hating wealth. Miliband is right to propose a mansion tax. We cannot be held to ransom by the wealthy. If they leave, don't let the door hit your arse on the way out...
Reply 4
Well I think it's two reasons:

1) Just plain jealousy like anywhere else.

2) The British are still into the class system in many places so obviously there's the whole class warfare thing going on to a certain extent.
Reply 5
Original post by Eboracum
It's not hating wealth to give somebody else a chance. If the government needs more revenue, and has to tax more, you tax those that have more, not people struggling as it is. Only a right wing idiot would dress it up as hating wealth. Miliband is right to propose a mansion tax. We cannot be held to ransom by the wealthy. If they leave, don't let the door hit your arse on the way out...


If they leave (like they are in france) then we wont have anyone to fund what we already have.

Only a left wing bigot wont be able to see the deep flaws in their vapid arguments.
The wealth is not correlated with kindness/intelligence/altruism/purpose.
If you are from a **** hole, you will stay in the **** hole. Unless, of course, you fight to the top.

Obviously this is not the case always.

But to think that wealth is always success is silly.
It mainly is not - if you look at the bigger picture.

However I am not rich, so seeing the problem is a little hard for me.

All I know id the amount of money we have lost these past three years has changed my household's life.
So... Hum.
Original post by dj1015
All this talk of a mansion tax has got me thinking.

Is it really fair to have a tax raid on the rich every time we want to fund some pointless public spending program?

The top 25% of earners in the country already pay 90% of the income tax. Any more taxes is simply ludicrous.

To be honest, I think middle and low earners like to say they are "squeezed", but the reality is much different. Some of those people have never had it so good.

What we really need is less government and less attacks on wealth. The 3 main parties are totally out of touch with whats needed, and just pander to the idiots (the electorate) with cheap one liners to maintain their career in politics.

If we carry on like this, we will end up like socialist France. And surely the fate that greeted Greece will be awaiting us.


You're acting like all they've done to tackle the debt is bother the rich :/ what about the cuts to housing benefit, council tax benefit, lowering housing benefit if you have more rooms than people, the tripling of university fees, getting rid of EMA and adult learning grant.

There's nothing wrong with expecting the rich to contribute as well.
Reply 8
Original post by Frube
The successful middle classes in the UK are just looked on as being a cash cow by the government, it allows them to pay for their ego driven schemes and pointless wars. Inheritance tax is already in place to stop huge wealth accumulation over generations. Taxing wealth earned with income which has already been taxed is disgusting, its theft plain and simple. It probably wont even earn much, but socialists love taxes like this as it buys them more votes from the jealous.


I'm not sure most people who call themselves both successful and middle class also own a 2 milliion quid house, that is a lot, in some parts of the country it's actually quite difficult to find houses for sale at that price sometimes.


To OP, I hope to earn 150k one day, given where I live odds are I won't have a house worth 2 million, but I accept once I get there I will have more than enough money to be able to afford the tax pretty comfortably and am happy to pay it, it's my duty as a citizen. In fact I fully intend to spend my money on significantly more frivolous things as well
(edited 11 years ago)
Reply 9
Original post by Really_now
You're acting like all they've done to tackle the debt is bother the rich :/ what about the cuts to housing benefit, council tax benefit, lowering housing benefit if you have more rooms than people, the tripling of university fees, getting rid of EMA and adult learning grant.

There's nothing wrong with expecting the rich to contribute as well.


did you miss the part which said they pay 90% of all income tax?
Reply 10
Original post by roh
I'm not sure most people who call themselves both successful and middle class also own a 2 milliion quid house, that is a lot, in some parts of the country it's actually quite difficult to find houses for sale at that price sometimes.


To OP, I hope to earn 150k one day, given where I live odds are I won't have a house worth 2 million, but I accept once I get there I will have more than enough money to be able to afford the tax pretty comfortably and am happy to pay it, it's my duty as a citizen. In fact I fully intend to spend my money on significantly more frivolous things as well



So you happy to pay tax on something you already paid tax on before, just so joe bloggs can get a packet of lambett?
Original post by dj1015
did you miss the part which said they pay 90% of all income tax?


Isn't that more a reflection of how low everyone else is earning?

You suggested that we lower taxes for the rich, how do we recuperate that loss of money to fund the public services?
Reply 12
Original post by dj1015
So you happy to pay tax on something you already paid tax on before, just so joe bloggs can get a packet of lambett?


No, I'm happy to pay tax on it because I appreciate the NHS, courts (without which 'd have no job), armed forces, Police, council services and all the other things the government provides for me. I also seem to be in a minority in that I don't think benefits are too generous, if I'm spending 15 grand on a holiday as my luxury it seems a bit like taking the **** to get all outraged at someone spending money on fags for theirs.

And, also, I have my passport. If I don't like paying the level of tax I am, I'm perfectly within my rights to get on a plane and take myself to Switzerland, Monaco, USA, Dubai or somewhere else that doesn't tax me so much.
Reply 13
Original post by Really_now
Isn't that more a reflection of how low everyone else is earning?

You suggested that we lower taxes for the rich, how do we recuperate that loss of money to fund the public services?


But cutting them.

Did you miss the part where I said we need less government.
Reply 14
Original post by dj1015
If they leave (like they are in france) then we wont have anyone to fund what we already have.

Only a left wing bigot wont be able to see the deep flaws in their vapid arguments.


But you can't be held to ransom by them? You can't say 'We want to tax them more and the public agree but can't because they'll leave'. It's the same as being held to ransom by terrorists and saying we'll leave the middle east because we don't want more terrorist attacks.

France will be fine. They can't take their houses with them. If they leave so what? I want a democratically elected government running the country, not the rich. Why do the lower or middle class idiots like you protect the rich. I got news son - you'll never be a millionaire.

Always been one of the issues I'm left wing on has tax.
Reply 15
Original post by roh
I'm not sure most people who call themselves both successful and middle class also own a 2 milliion quid house, that is a lot, in some parts of the country it's actually quite difficult to find houses for sale at that price sometimes.


To OP, I hope to earn 150k one day, given where I live odds are I won't have a house worth 2 million, but I accept once I get there I will have more than enough money to be able to afford the tax pretty comfortably and am happy to pay it, it's my duty as a citizen. In fact I fully intend to spend my money on significantly more frivolous things as well


Just because you own a 2 mill house does not mean you have 20k a year sitting around to pay to live in your own house. Council tax already taxes wealth.

Hi sir, see this house you own. You're going to have to pay us 1% of its value to be allowed to live in it, on top off the vast taxes you probably already pay. Oh here are your new neighbours, the durkdurks. You're helping to pay for their house you know, make sure you welcome them to the neighbourhood.

:unimpressed::angry::angry:
(edited 11 years ago)
Original post by dj1015
If they leave (like they are in france) then we wont have anyone to fund what we already have.

Only a left wing bigot wont be able to see the deep flaws in their vapid arguments.


Most rich people don't want to leave Britain - the UK (and especially London) remain a magnet for the foreign wealthy, regardless of changes in tax rates. This is due to the nice, peaceful, well organised atmosphere here compared to many other places, which is in turn maintained by policing, courts, government, etc, all paid for by taxes.

It is a complete myth that the rich are desperate to leave.
Reply 17
Original post by Frube
Just because you own a 2 mill house does not mean you have 20k a year sitting around to pay to live in your own house. Council tax already taxes wealth.

Hi sir, see this house you own. You're going to have to pay us 1% of its value to be allowed to live in it, on top off the vast taxes you probably already pay. Oh here are your new neighbours, the durkdurks. Your'e helping to pay for their house because you know, make sure you welcome them to the neighbourhood.

:unimpressed:


The vast majority of people in Britain buy houses with mortgages, the average mortgage is 3.5 times combined salary, but we'll be generous here as the income needed to purchase such a property will allow you to spend more than the average percentage on repayments so say you borrow 4.5 times household income. That still leaves an income of just 444k, you can probably find 20k from that.

If I own a 2 million quid home I think the odds that there are people living on housing allowance next door are slim, even the Mail has only managed to find that once.
(edited 11 years ago)
Reply 18
Original post by Fullofsurprises
Most rich people don't want to leave Britain - the UK (and especially London) remain a magnet for the foreign wealthy, regardless of changes in tax rates. This is due to the nice, peaceful, well organised atmosphere here compared to many other places, which is in turn maintained by policing, courts, government, etc, all paid for by taxes.

It is a complete myth that the rich are desperate to leave.


Lets introduce a mansion tax and and see what happens.

However if you wish to live in a public sector paradise, maybe another country would be more suitable for you?
Reply 19
Original post by roh
The vast majority of people in Britain buy houses with mortgages, the average mortgage is 3.5 times salary, but we'll be generous here as the income needed to purchase such a property will allow you to spend more than the average percentage on repayments so say you borrow 3.5 times household income. That still leaves an income of just 444k, you can probably find 20k from that.

If I own a 2 million quid home I think the odds that there are people living on housing allowance next door are slim, even the Mail has only managed to find that once.


But most people who own a £2mill house, did not buy a £2mill house. They own a house of that value because property prices in certain areas have been driven so extortionately high while they have owned the house, ie London. Hence why they call it the granny tax.

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