“Taxing the rich may now be the most consensual proposition in politics. It looks like the next political trend. Surveys for Rainer Zitelmann’s recent book The Rich in Public Opinion found much the same: large majorities in the US, UK, France and Germany backed “substantially” higher taxes for millionaires. Even most US Republicans support a wealth tax, even if it’s not called that.” says Simon Kuper of the FT.
What is the definition of rich? Clearly, it’s subjective. And whatever colour of politics you follow, it will be deemed unfair to some.
If you are ‘rich’, unfairness may well be coming your way. And if you don’t think of yourself as ‘rich’, unfairness may still be coming your way.
The question is how to make it fair? Yes, it’s possible, but needs thinking outside the box. Want a conversation?