kev308

Why not just raise parking and congestion charges universally, it would be simpler and more cost effective to monitor and manage and would raise more revenue. Targeting specific cars in a handful of cities isn't really a meaningful solution to anything. It's good for clickbait I guess.

It certainly says something that the two parties who blame all the problems on a small group of people are rising in popularity. And the solution to happiness and prosperity for all is to get rid of these minority groups.

Property is already taxed via council tax, capital gains or inheritance tax. If you increase capital gains tax owners just delay selling, inheritance tax hits farmers and businesses. Taxing large land owners would likely cause property prices to fall and rents to rise. Greens are selling a fantasy.

How would this £10m or £1bn be calculated for taxation? Does he mean cash? Or assets? Wealthy people seldom hold large quantities of cash, so presumably assets would be taxed.. how would this be calculated? Is HMRC going to have to employ art valuation experts? What if the asset is a business?

As a landlord I don't understand how you can call me greedy when I often make a loss on my property.. the vast majority of landlords in the UK own one property and aren't as evil as you portray but why have a sensible evidence based conversation when clickbait populism helps you win votes.

I'm sorry who are you to decide what's life changing or sufficient for an entire population. I could equally just throw out that people should be charged £100 to see a GP, that's a reasonable amount to prevent wastage of a national resource and these highly skilled professionals time.

As a landlord, I'm really confused about the profits we're all apparently making... I make about £20 a year... And that's gone if I have to make repairs. I keep my rent as low as possible for my tenants but it's actually the taxes, estate agents, repairs costs which force me to increase the rent.

You must be joking, £100k isn't nearly enough, the limit needs to be at least £1m

How would you track and value assets for tax? You wouldn't raise £24bn quickly or in full because HMRC would need money and time to find, value and tax these assets. It's overly simplistic to think people are sitting on cash assets and they would be quick to find ways to mitigate their tax risk.

Those landlords are taxed on that income and some of it will be invested back into the properties for repairs, insurance etc

This creates two questions, what do you define as "sufficient" which all can agree on and how would you fund this move sustainably (keep in mind your income will now decrease over time as you've removed an incentive for people to generate additional income for pension savings)

Yes social housing is needed but someone has to pay for it.. but net zero also needs funding, as does care, as does the NHS.. Greens aren't showing how all of their promises will be realistically funded in detail. It's all well intentioned but lacks proper detail.

If you take value growth out of the housing market you cause knock on effects, most landlords are not evil villains, they are typically older and use 1-2 properties for pension plans and are earning modest returns. Equally home owners use this equity growth to fund retirement and care.

That manifesto is deeply concerning, it outlines significant tax increases for people and businesses and removes funding from critical infrastructure like roads, the spending increases are crazy, impossible to fund across so many areas at once.

How would your party fund this?

As usual Greens are going for the simple optics and wildly naive claims over data driven policies. The merit based energy pricing system drives greater usage of renewables and creates funding for renewable investment. Other models would potentially make bills lower but increase fossil fuel usage.

The problem with wealth taxes Taxing the rich is a tantalising prospect for the cash-strapped UK government — but imposing a levy that is both fair and effective is fraught with difficulty

search.app/e6GXS

Trams are expensive and inflexible city transportation, investing in the bus system would deliver better returns for tax payers and leave money left over to improve the road network more broadly.

Why is it such a problem for people to get rich? Capital growth generates jobs and better living standards. Greens want to restrict capital, so reduce investment and slow down growth thereby reducing tax income whilst then promising more money for welfare? That doesn't add up.

I continue to bow and scrape at your magnificence

Oh gosh I'm so ever sorry my Lord, I bow to your superior knowledge and wisdom and grovel for forgiveness at my transgression of not recognising your absolute superiority.

Taxing "the rich" isn't enough if you believe it would raise c£50bn the Greens claim then that only solves one or two issues at best. Net-zero requires about £50bn, the NHS needs £30-50bn extra per year. Welfare and Education need money... Greens have to tax business or working people.

I refer you to the Green parties manifesto appendix

It's notable that the "transparent" Green party have neatly trimmed off the PMs full response to Carla which is quite revealing of the Greens unworkable fiscal plan which would be devastating for hard working people.

Perhaps Labour are proposing this change to welfare so they have an outlier for modelling purposes?

Thanks that is useful, it does appear that you would indeed raise taxes for both individuals and businesses aggressively while also borrowing heavily increasing our debt burden to fund your plans. While all well intended these policies would not create prosperity for most people.

Worth context here aid is 0.3% of GNI and defence 2.5%. Nearly 30% of the aid budget is currently spent on housing asylum seekers up from 4% in 2020 so aid isn't preventing migration or global conflict, it's actually increasingly spent domestically. How would the Green party create defence funding?

So how would the Green party balance the books? A wealth tax would at best raise £60bn (but this would decline over time) Transition to net-zero requires £50bn per year, the NHS was given £21bn recently which isn't sufficient.. Education, Aid etc... I can't find how Greens would fund everything.

Government money = taxes. Council or central government its all the same. There's no magic money tree. Hard working people are paying for these freebies to mitigate the bad PR the Green party is getting on this initiative.

So you're now using the extra money generated by increasing council tax across Bristol to give a small group of people travel freebies so you can win back the voters you're losing in that tiny area and discourage protests. Also this now totally invalidates your "trial" outcomes.