Quote Originally Posted by Pepe View Post
Hypothetical question: Let's say that a wealth tax is set in place and the rich just take it; no closing factories, moving money abroad, none of those scary things they claim they would do. Thanks to this, the tax revenue that the UK collects goes from ~700 billion gbp to, say, ~1000 billion gbp. What do you think your government would do with the extra money that would make your lives better?
Did you just ask what the government could do if they increased tax revenue by almost 50% with no economic fallout whatsoever?

Even in the simplest terms if they just split it up and gave everyone a cheque for using that income that would increase the average yearly salary by 15%. If you don’t include London then it would increase it by 20-25%.