This graph is from the IMF Fiscal Monitor on tax issued last week:
Now tell me there is no case for taxing wealth.
And, yes, the disparity is not as bad in the UK than some places. So what?
This is literally a graphic description of an unjust world where all the alternative forms of security that once compensated for a lack of financial wealth – like workplace security, occupational pensions, social security, secure household tenure and more – are also being stripped away from those without wealth.
This inequality is not just not viable. It is deeply dangerous.
The time for tax justice has come.