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Comment by bayarearefugee | Hacker News Reader

Don't worry about it. Just lower taxes on corporations and the wealthy and reduce regulations, the magic hand of the market will fix everything!!!

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We've tried nothing and we're all out of ideas!

Consumer: upgrade our waterways please? hmm maybe don't dump raw sewage every day.

Thames Water: pooposterous! we must pay bonuses, or it'll affect investor morale! Haven't you heard, your water is the best in the world, be happy :)

Thames Water: we need to raise bills to fund the infrastructure repair/upgrade

Consumer: grumble okay, here's our money

Thames Water: gives money to execs

Consumer: the infrastructure needs repair

Thames Water: we need to raise bills to fund the infrastructure repair/upgrade

What do lowering taxes have to do with water running out in the UK?

Lower taxes can fix anything

Well we're not going to lower the taxes on normal wage earners, silly.

But we need to lower the taxes on the wealthy and corporations (and reduce or eliminate regulations) so they can distribute their capital to make new water!

Don't you know anything about modern economics?

Does this snarky point you’re trying to make connect with anything in the article? I saw no mention of taxes

This is why we are where we are.

Just flag them. They're blatantly breaking the guidelines and they don't care because they're not getting flagged enough.

HN is largely user-moderated and we'll continue to see more drivel like this if people aren't diligent about downvoting, flagging, and reporting especially egregious comments to the mods.

https://news.ycombinator.com/newsguidelines.html

Last I heard the rich are leaving the UK eroding your tax base. Im sorry but it is going to be higher taxes for you all

'The highest earning 1% in the UK pay an estimated 28% of all income tax. '

https://fullfact.org/economy/do-top-1-earners-pay-28-tax-bur...

The good news is that not all that '1% of the rich' are leaving. However unless this 28% of all tax figure is wrong, inevitably there will be an increase to counter the loss.

That's a myth, all the breathless reporting of an "exodus of millionaires" comes from one very dodgy report.

Of course, the narrative suits the wealthy owners of the media, so the story gets repeated anyway.

https://www.newstatesman.com/politics/2025/07/the-british-we...

The outcome is not as clear as you make it to be. The Norwegian wealth tax hike resulted in a loss of about $600mn of tax revenue. We will see at which point the british will end up on the laffer curve.

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