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  1. chickens

    [Politics] Are baby boomers taxed enough?

    Precisely. Promising lower tax followed by lower tax eventually boxes its proponents into a corner. Everybody’s grumbling that their public services are no longer fit for purpose, and there’s no public money coming in to pay for any improvements.
  2. chickens

    [Politics] Are baby boomers taxed enough?

    Honestly, I don’t feel you’re ill-intentioned, but I do worry that you are perhaps being weaponised into opening yet another front on a continually and deliberately stoked culture war. Don’t fall for it. When somebody was born does not tell you anything about them, their financial status...
  3. chickens

    [Politics] Are baby boomers taxed enough?

    And I’m sure you are rightly proud of your family’s work ethic and achievement, yet there remains more to do. We currently have a cost of living crisis leaving kids without food in their bellies. It is well known in the medical community that if individuals don’t get sufficient nutrition in...
  4. chickens

    [Politics] Are baby boomers taxed enough?

    Solutions never are, but we have to start somewhere or the problem continues completely unaddressed. I would argue that we’ve made a start on the very worst of poverty in this country, albeit regressing slightly under current government, but we know it’s a problem and it’s undesirable. I would...
  5. chickens

    [Politics] Are baby boomers taxed enough?

    I think that in the same way society is harmed by some having too little, society is equally harmed by some having too much.
  6. chickens

    [Politics] Are baby boomers taxed enough?

    Personally, I would say that once an organisation’s wealth allows them to lobby governments utilising a mixture of lobbyists, lawyers, PR firms and manipulation of online content they’re too large. Diageo is a great example of an organisation that has too much power in its chosen sector. I...
  7. chickens

    [Politics] Are baby boomers taxed enough?

    I’m not suggesting driving them out, I want to force them to split their one monolithic business into multiple smaller businesses, creating new opportunities at board and senior management levels, and having the wealth distributed around a greater number of people, rather than distributed with a...
  8. chickens

    [Politics] Are baby boomers taxed enough?

    Take (for example) a big business that is growing and would hit the limit. It knows it’s going to hit the limit, so takes steps to split the business into three separate companies, each (by law) has to have different people sitting on the board, and it can’t be controlled by a central holding...
  9. chickens

    [Politics] Are baby boomers taxed enough?

    The employment will still be there, the tax income will still be there, there would simply be many more millionaires in the place of each billionaire.
  10. chickens

    [Politics] Are baby boomers taxed enough?

    Haven’t bothered to answer the poll. My POV remains that we have to get over our obsession with taxing income, and start to get serious about taxing wealth. Targeting an age demographic is simply discriminatory. I feel that in the same way that there is a minimum income a person needs to...
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