u/AdAggressive9224

I've changed my mind about Gary Stevenson. I think his message is flawed. But, I'm going to explain why, so that people can reconvince me.

Gary advocates for a tax of 2pc on assets over 10million.

This is too broad.

You have two options. You either "tax the rich" or, you can control how much in the way of assets the rich are allowed to buy. These are functionally the same thing.

I don't care if a rich person wants to buy: Fabergé eggs, jet skis, a magnificent 10 bedroom primary residence, a rolls Royce, MacBook pros, stocks and shares, government bonds.

I do care if a rich person buys a portfolio of 20 two bedroom starter homes, 1000 hectares of development land.

For a significant portion of the population "T-A-X" is a profanity. No amount of lobbying, no amount of social media posts will ever change their minds.

The only way to win this thing, is to focus in. Target housing and development land. I believe we can win this thing earlier if Gary narrows his message. LVT, or, better still, land rationing/ controlling how much land the super rich are allowed to own.

For the benefit of our US Redditors, Andy Burnham is very likely to be the UK's next Prime Minster after winning the Makerfield by-election with a significant majority! He is an ardent proponent of LVT, here's his interview with Andrew Marr where he advocates for tax reform in the UK.