News for hackers. Stuff that matters.

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 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.

[ 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 @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
[ Parent | on HN ]