Re: Hang on
"Instead of 'he has more so rob him' surely we should look at how much is being taken off us to be squandered by people who think they can spend it better than us."
So you're advocating for flat taxation?
There are ~30 million people employed in the UK, and the government pulls in about £195 billion in income tax with a further £143 billion in NI.
So that's a flat rate of £11k each.
You can afford that, I can afford that... but for anyone who works part time (ONS median wage £11,234 ) that would leave them with a couple of hundred quid a year.
The concept of progressive taxation is very well established, but is being deliberately bypassed by these individuals, and their individual contributions should be an actually significant chunk of change for the treasury.
And your claim that you could spend the money better is rather laughable. How much of the road network are you going to pay for? how much health service, fire service, police,...
Yes, I'm sure there are parts of the government budget we would all think can and should be trimmed, but that's a completely different question to that of how they raise money to spend on society.
Noone is proposing a wealth tax that would require people to liquidate their primary residence - but when your wealth increase is measured in millions of pounds a year then some proportion of that really ought to be recognised as taxable.
Note that there is already a tax free income band - and the same would likely apply to any tax on gains in wealth, though given the way wealth is accumulated there is a good chance that the vast majority of people would end up in this band.