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Professional classes stand in way of tax on the super-rich | Phillip Inman

If the prime minister wants to make the system fairer he will need to upset the professional classes with a land value tax The professional classes act like a Praetorian Guard for the super-rich. Having acquired some of the trappings of being rich, they defend the privileges of wealth – land, property and pensions. They do this as if they – company managers, lawyers, doctors, judges, senior civil servants, architects and chartered this and thats – were the main beneficiaries. Continue reading…

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By Phillip Inman
source Source: Business | The Guardian
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Professional classes stand in way of tax on the super-rich | Phillip Inman

If the prime minister wants to make the system fairer he will need to upset the professional classes with a land value tax The professional classes act like a Praetorian Guard for the super-rich. Having acquired some of the trappings of being rich, they defend the privileges of wealth – land, property and pensions. They do this as if they – company managers, lawyers, doctors, judges, senior civil servants, architects and chartered this and thats – were the main beneficiaries. Continue reading…

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