Should the wealthy pay more tax?

Its a popular theme. Earlier this week Danny Alexander said to the wealthy ‘we are coming to get you’.

http://www.guardian.co.uk/politics/video/2012/sep/25/danny-alexander-tax-avoiders-video

When it comes to tax dodgers and moving money and assets overseas he may have a point but what about mansion tax covered in the same speach. Is a tax on property the way to go?

France now want their top earners to pay 75% tax!!

http://www.bbc.co.uk/news/world-europe-17189739

But will this just lead to businesses and individuals moving to lower tax countries?

Will the UK be a winner, the UK Government want us to have the lowest corporation tax rate in Europe and we are moving towards a main rate of 20%.

steve@bicknells.net

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