WITH inflation rising, incomes stagnant and the cost-of-living crisis deepening, an insane scheme to ‘tax the rich’ has been put forward by fringe economists.
The government has been struggling to keep cutting corporation tax while taking more money from low earners but making sure they do not die from hunger and are unable to do their jobs.
Economist Stephen Malley said: ‘When a nation needs to raise money for something, all you can do is close some hospitals or raise VAT. There are literally no other options.
“That was until I had the idea of taxing the rich more. I’m the first to admit it’s probably unworkable but it might just be worth taking that one-in-a-trillion chance.
“I contacted the Treasury to suggest making rich people pay a bit more, and they told me to f**k off. I could hear laughing in the background. But at least they’re considering it.”
However government economist Norman Steele said: “Asking a small minority of super-rich people give up a tiny fraction of their ludicrous wealth to alleviate the misery of millions and improve the societal conditions on which we all depend is just naive sixth-form idealism.
“As we all know, if you take so much as an extra 50p they’ll become hopelessly demotivated and stop being brilliant wealth creators. We depend on these business visionaries to run our betting chains and rip-off privatised utilities.
“Plus it will lead to the most extreme form of Stalin-style communism. And the IRA will be back and probably a plague of locusts or something. That’s just Economics 101.”
