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A comment on The U.K. closed a tax loophole for the global rich, now they're fleeing. Parent comment

Re:The U.K. closed a tax loophole for the global rich, now t... by imtringued on Sunday July 20, 2025 @08:04AM (#44624369)
Why do so many people think that cutting social safety nets is a cheat code?

With the exception of certain pension benefits there isn't much money flowing into these programs to begin with.

[ Parent | on HN ]
Re:The U.K. closed a tax loophole for the global rich, now t... by monero-xmr on Sunday July 20, 2025 @09:51AM (#44625198)
If the state only paid for defense and the justice system, there would be very little reason to tax!
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Re:The U.K. closed a tax loophole for the global rich, now t... by stuaxo on Sunday July 20, 2025 @12:32PM (#44626778)
Just a fully militarised state, a la starship troupers.
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Re:The U.K. closed a tax loophole for the global rich, now t... by walls on Sunday July 20, 2025 @10:07AM (#44625323)
> Why do so many people think that cutting social safety nets is a cheat code?

The people who don't (currently) need them see them as a waste.

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Re:The U.K. closed a tax loophole for the global rich, now t... by stuaxo on Sunday July 20, 2025 @12:23PM (#44626690)
Its so stupid.

There are loads of people not participating in the economy because they do t have money, just give them money to spend.

The multiplier effect means it pays for itself.

Doesn't apply to the super rich where the money is just hoarded.

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Re:The U.K. closed a tax loophole for the global rich, now t... by monero-xmr on Sunday July 20, 2025 @07:42PM (#44630454)
This is an ignorant and totally misinformed take on how the economy functions. Giving people money will not create a sustainable economy
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