Investing Insiders
Region: GB
Friday 16 October 2026 14:08:13 GMT
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Neil :
Totally agree with everything you’ve just said and get so frustrated with the ‘tax billionaires’ brigade who know nothing about tax or the economy
2026-10-24 17:27:25
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isakno9ynwa :
They pay zero wealth tax while the rest of us pay 30% min
2026-10-16 14:30:12
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Glyn Burton :
or they could stop wasting our money!!
2026-10-17 07:44:47
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Speakup60 :
Labour tied their hands to get into power. Nearly everyone I have spoken to and I think it resonates more widely - a small increase on Income Tax would have covered off most of the pseudo taxes they have implemented since coming into power. Tinkering will lead to ruin, divisiveness and intolerance
2026-10-17 13:08:58
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Matthew Horrocks :
The top 1% generate 28% of income tax and the top 10% generate 60% of income tax (government figures). Most billionaires have companies and businesses generating supply chains, jobs, income tax, NI, business rates, VAT, corporation tax, pension contributions etc. They generally (not exclusively though!) do not sit on their wealth in an unproductive way. Yes, they make a lot of money for themselves but if they moved away from the UK there would be a big hole to fill. I’m not one of the 1 or 10% by the way but I am interested in economics and I would not like to have my taxes raised to fill that hole. There is room to increase upper level earnings taxation and there is agreement amongst some of the ‘super rich’ that this should be done, but not to the point where taking the risk of starting a business and becoming successful is not worth doing.
2026-10-17 08:54:02
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The Cultist :
I’m still not hearing anything useful about fixing inequality
2026-10-17 15:24:50
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muttley :
Who claimed that a wealth tax would solve all our problems? Nobody! The whole point is for it to help, just like you've claimed it will. How about they all start paying at least the same % of tax on their income as the rest of us, because let's face it, ordinary workers can end up paying a higher effective rate of tax than wealthy people who can take advantage of lower taxes on dividends and capital gains.
2026-10-16 17:38:36
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Steve :
Your sums are on earnings not wealth ..
2026-10-17 06:20:50
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ifonly :
tax them
2026-10-16 18:44:27
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Ryan | Ai enthusiast :
I’d rather just a flat tax rate on any earnings, thing is if you make something complicated and make people feel like if I jump from 100k to 110k I’ll pay far more tax and it’s not worth it, it should be a flat tax rate on any earnings over 15k. Just make it simple and people won’t look for ways to avoid it
2026-10-17 09:54:21
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spectrumy :
A great exercise in “how can I completely misrepresent what a wealth tax would be.”
2026-10-16 20:51:34
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user4627856914369 :
I can’t believe the comments!! We need the rich whether we like it or not. If they leave the burden is put on the rest of us that are left. I pay enough tax thank you.
2026-10-16 19:44:25
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Arid :
I think people want to equity in sharing tax overhead. And it is much easier to avoid paying that when you have a lot of money
2026-10-16 19:49:36
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Shahid SHAH :
The sooner we go digital with money and get away from cash, I guarantee u the government would rake a lot more in than they do now as all those self employed declare the bare minimum!! Mark my words!!
2026-10-16 15:13:01
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Tim :
let's now talk about how many average tax payers we need for one billionaire leaving😂
2026-10-17 16:39:16
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SD :
There is no hiding from the ballooning welfare bill. The financial markets are going to keep spanking the chancellor until he eventually caves in.
2026-10-17 11:29:33
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Zara_💙💙💙 :
The ‘rich’ can leave and will leave if they want, when they want, … the bigger issue is that the next generation of entrepreneurs that are working hard to grow and scale their business are being smashed from every angle .. so the gap is widening and growth is severely stunted, growing a business in this climate is almost impossible in so many industries, its just depressing .. coupled with a system that isn’t fit for purpose .. the HMRC, they punish business owners while simultaneously haemorrhaging money by the millions …so taking more money (even from the ‘rich’) when the system is broken won’t fix anything in the long term. The majority of business owners in the UK are not in the ‘rich’ bracket… if the pressure is relentless..eventually people will take their skills and experience somewhere else where they can keep most of their money, who wouldn’t ?! … so you isolate the working man not just the ‘rich’ ..I do think however big Corporations that get away with what they do is unacceptable especially in this climate .. both in tax and profits!! this Gov continues to push working people under water even more.. the 28th is going to be interesting … we are all barely managing as it is .. the notion of taxing the ‘rich’ is an easy option for people to cling onto especially those that are on benefits and/or poor .. but also .. who defines who is ‘rich’ it’s an easy concept to throw out but actually without the ‘rich’ the country suffers even more it’s a catch 22 unfortunately created by this and previous governments- they have totally F it up !
2026-10-16 15:07:19
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user6377646262827 :
The rich have all left
2026-10-16 14:57:58
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paulmaggs88 :
The rich being defines as anyone that earns more than them 😏
2026-10-17 09:45:37
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Roger Dodger :
I would add a land value tax. This would provide more fairness in addition to a small wealth tax. While at the same time offer income tax reductions to businesses.
2026-10-16 14:46:49
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Steve :
It’s the redistribution of wealth that has accrued over two decades into tax havens and never returns into our economy…
2026-10-17 06:20:05
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Chris | DeStress Your Mind :
Maybe scrapping council tax and base it on the income of household. HMRC know these figures.. plus, house values have gone up higher than salaries and are therefore disproportionate to the value of what someone /a household can pay.. 🤔🤷♂️
2026-10-17 20:50:23
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Ricky Lea :
It’s not just about government income. It’s about wealth inequality. Asset prices constantly increasing. Government debt increasing, council debt increasing and general public debt increasing. This has to stop. Governments spending more than ever but we the general public are receiving a worse service year in and year out. Since 2008 we’ve had little or no growth for nearly 20 years but the wealthiest have tripled their wealth. Explain to me how. How I see is the wealthiest are extracting wealth from society whether it’s government, councils or the public. We are becoming poorer while the wealthiest become richer. Thatcherism and neoliberalism has failed.
2026-10-17 21:57:40
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David :
Taxing wealth, is a stepping stone to helping. Where else could the state get that sort of additional income. Reducing the overheads and associated inefficiencies is also essential. pensions are a difficult one because they were promised and are keeping people off the street and mostly healthy. the state needs to look at the big picture and balance the books, close tax loopholes, invest where possible and gradually transition the population out of state dependency otherwise we will be bankrupt before too long.
2026-10-19 12:22:53
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andyp128 :
How about we tackle the fraud, Waste and incompetence of government first and then we see who we need a tax
2026-10-17 08:21:50
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