Matthew Brooker makes a compelling point: once governments introduce a mansion tax, the temptation to widen its net becomes irresistible. Britain's new levy might start narrow, but scope creep is practically inevitable. Tax brackets have a funny way of expanding over time—what begins as targeting the ultra-wealthy often ends up catching a much broader crowd. It's a pattern we've seen before, and there's little reason to think this will be different. Worth watching how this unfolds and whether it triggers capital flight.
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MissedAirdropAgain
· 1h ago
Here we go again? They said they'd only target the rich, but in the end it always comes back to us.
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quietly_staking
· 7h ago
Here they go harvesting leeks again, this time it's renamed as the "luxury home tax"... To put it bluntly, they start by targeting the wealthy, but eventually the tax net gets tighter and tighter, and we middle-class folks end up getting caught too.
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ZenZKPlayer
· 7h ago
This tactic is really old and worn out: the government first claims it will only target the rich, but then immediately goes after the middle class. Taxes are just like inflation—they never stop.
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liquidation_surfer
· 7h ago
Here we go again? They start by targeting the super-rich, but in the end, it's the ordinary people who get squeezed. Same old trick.
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GasFeeBarbecue
· 7h ago
Here we go again? I can recite the government’s tax tricks by heart: first tax the rich, then go after the common folks—a classic opening move.
Matthew Brooker makes a compelling point: once governments introduce a mansion tax, the temptation to widen its net becomes irresistible. Britain's new levy might start narrow, but scope creep is practically inevitable. Tax brackets have a funny way of expanding over time—what begins as targeting the ultra-wealthy often ends up catching a much broader crowd. It's a pattern we've seen before, and there's little reason to think this will be different. Worth watching how this unfolds and whether it triggers capital flight.