Submitted on Saturday 24th December 2011
Published on Thursday 29th December 2011
Current status: Closed
Closed: Friday 29th June 2012
Skim 5% of wealth from top 5% of Earners
My point is very simple….
There are now 619,000 millionaires in the UK and 86,000 of them have more than 5 million pounds. This is set to grow by 2020 by another 33% so the UK is obviously a place that the rich want to be. So if we balance a little and we skimmed 5% of their wealth for good causes….
27 Billion (@1mill) + 21.5 Billion (>5mill)
So we would recoup 48.5 Billion pounds a year and would pay off the deficit in the space of only 4 years with no cuts.
If any of the millionaires complain we could just ask them to work more hours, work till they are 68 and have a reduced pension.
Maybe the coalition MP’s should dig their hands into their own pockets and those of their friends and get the Inland Revenue on the job!
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188.8.131.52 Tue, 16 Aug 2022 13:33:53 +0100