Doctor Drivel twisted the electrons to say:
"Alistair Gunn" wrote in message
...
Though if the drivel was actually right then LVT would be a great way for
the well paid to avoid paying any tax. It would be somewhat high risk,
but only have minimal wealth and otherwise spend every penny you earn.
Stay in top hotels all the time (don't worry, the Hilton already charges
the maximum they can so even if they've got a much higher tax bill and
you have vastly more money it won't change the price!), rent flashy cars
(Avis already charges the maximum they can, so no increases there even if
Avis' tax bill has increased), fly business class all the time (airport
landing fees are already the maximum ... etc etc) and so on ...
I am 100% right. Sounds OK if you put it that way, money then circulates
and all benefit. Currently we have non-productive and harmful money
hoarders and speculators who deliberately manipulate raise prices.

And LVT would do nothing to stop any of that ...

Wayne Rooney could pay zero tax if he lived in a cardboard box in a doorway.

Or he could just stay in high priced hotels all the time as their
pricing is set at the highest that the market will bear and increased
taxation due to LVT wouldn't (according to you) result in an increase in
their fees ...

I doubt he would and take advantage of more money in his pocket because of
no income tax, VAT, etc, and buy a nice big house and be better off all
around financially.

Or he could buy income producing assets and pay no taxes at all according
to you ...

Of course, some people might think
that failed when it came to being
"fair"
That is very fair. The wealthy then pay their fair share instead of clawing

Paying 0% is fair???
--
These opinions might not even be mine ...
Let alone connected with my employer ...