Steal the rich and give to the poor

(originally posted on Bubblews)

Months ago the Labour Party (United Kingdom) proposed a "Mansion Tax". Labour leader Ed Miliband said that owners of properties worth more than £2m would face an annual charge. A big charge.

Nowadays most of London homes worth more than £2m and a lot of £2m mansions are family houses, belonging to the same family for years and years, that were bought in a time when they worth much less, and now you have people with "normal" incomes that may be paying a luxury tax just because their house happens to be worth a lot.

So, if labour wins the next election, you will be forcing people to sell their homes because they won't afford to pay the tax of the home they bought years ago...

In my opinion income taxes and property taxes are a way for "us" to steal from those who worked harder, were luckier, are successful. You steal them and called it "social justice" and "equality".

People should not be punished for their success.