Starmer wouldn't be so bold - or stupid - to implement a wealth tax. Sounds like a good idea until 0.1% of the "wealthy" leave the UK and then you're back to square one (as Nick Ferrari put it, they leave the UK and then their chef, housekeeper, maintenance staff, two gardeners and driver are out of work). The wealthy are often also the "wealth creators" - remember that grow the economy bullshit, that currently isn't happening???
The wealthy will just avoid the taxes, to the benefit of other countries' tax systems. Wealth is easy to move around/hide from the tax system. Just like we all do - e.g. by putting savings into an ISA or voluntarily paying into a pension to avoid tax.
The wealthy will just avoid the taxes, to the benefit of other countries' tax systems. Wealth is easy to move around/hide from the tax system. Just like we all do - e.g. by putting savings into an ISA or voluntarily paying into a pension to avoid tax.