Tax super-rich on private jet travel to fund public transport, says UK charity
theguardian.com
theguardian.com
Passing the legislation may be easier but enforcing it is more difficult because:
- super rich people can afford to employ people like tax lawyers to help them get around things like this and still save money
- they can rock up to any country in the world and be welcomed in, thus leaving anywhere that bothers them. Then the tax take is zero.
They have options that most people don’t. What fascinates me is how oblivious to these options the people proposing such policy changes are, it’s why so many “good intention” laws/policies get passed and yet no progress - or even a regression - is made.
This is just a proposal - a far cry from an enacted and enforced law.
The UK has a much bigger threat from energy security than they do from climate change. I've been watching their energy numbers on trusty old Wikipedia. They are grim. The UK does not need a policy of trying to load their problems onto wealthy people. If they leave and the UK loses the ability to build up a financial edge and the country will have nothing left.
> The UK has a much bigger threat from energy security than they do from climate change. I've been watching their energy numbers on trusty old Wikipedia. They are grim. The UK does not need a policy of trying to load their problems onto wealthy people. If they leave and the UK loses the ability to build up a financial edge and the country will have nothing left.
Wealthy people have been "threatening to leave" for as long as I can remember.
Has it ever actually happened anywhere?
> On the other hand, tax exile has slowed, the committee noted. Until 2017, the expatriation of individuals subject to the wealth tax was higher than their repatriation. Since 2018 and the implementation of the IFI, the trend has reversed: There were 380 returns against 220 departures in 2020 (470 versus 1,020 in 2016). "It's not a scientific causality, it involves small numbers, but it's a concomitance," Mr. Audenis said.
https://www.lemonde.fr/en/politics/article/2022/10/24/the-ab...
Whether that had any actual measurable effect on the economy is the actual question though. I suspect not...
I've no proof but it feels like there's more and more of this type of content being posted here. Please stop.
edit: I just posted article about death of pope Benedict to prove my point, I'm sure one of the threads about his death will have tons of upvotes while it has nothing to do with technology and it's not even relevant since he was not pope anymore
The point of hacker news, stated in the guidelines: "Anything that good hackers would find interesting. That includes more than hacking and startups. If you had to reduce it to a sentence, the answer might be: anything that gratifies one's intellectual curiosity."
Hacker News isn't, and has never been, a strictly technology oriented forum.
What to Submit
On-Topic: Anything that good hackers would find interesting. That includes more than hacking and startups. If you had to reduce it to a sentence, the answer might be: anything that gratifies one's intellectual curiosity.
Off-Topic: Most stories about politics, or crime, or sports, unless they're evidence of some interesting new phenomenon. Videos of pratfalls or disasters, or cute animal pictures. If they'd cover it on TV news, it's probably off-topic.
If anyone wants to know how we approach this, https://hn.algolia.com/?dateRange=all&page=0&prefix=false&so... leads to a bunch of past explanations, though you have to scroll through some boilerplate to find them. Just look for the longer, older posts.
There are sizeable fluctuations but I think the long-term state is stable. When too much repetition appears, users will increasingly flag it and moderators will increasingly downweight it.
Anyone who flies with private jet to conferences about saving the planet and lowering others carbon emissions should not be listened to at all.
Public transport funding tends to be in the billions of dollars.
The private jet market globally, including company jets (which I assume this wouldn’t include) is $30B.
I’m guessing some fraction is personal private jet use, maybe $5B.
So they’re going to impose a 50-100% tax?