How your household finances will be ruined by a wealth tax on £10 million: A Daily Mail guide

LABOUR’S wealth tax will still impoverish you even if you’re earning £971,245 less than the taxable level. The Mail explains how you and your loved ones will soon be destitute: 

There will be no jobs without rich people

Why would a genius like James Dyson bother having brilliant ideas like a vacuum cleaner that costs £200 more than its rivals if he has to pay tax? If he could only earn £18 billion instead of £20 billion, he may as well just go on Income Support.

You may never inherit a fortune

King Charles, Pip in Great Expectations, Donald Trump, Bruce Wayne – the list of people who inherited fortunes is long and deserving, but Labour wants to stop it ever happening to you. It’s typical of nasty little bank clerk Rachel Reeves that she can’t see all the good done with inherited wealth. If Lara Croft had to take a job in PR, who would raid the tombs?

The slippery slope effect

Once the masses get a taste for taxing billionaires Mao-style communism is inevitable. At best all your possessions will be confiscated by the state, at worst a mob of young people will drag you from your home calling you a counter-revolutionary as they beat you to death. Your crime? Owning a bourgeois box of granola.

The markets won’t like it

The City and bond markets hated it when Liz Truss abolished all taxes on the wealthy, so they’ll hate the opposite even more. There will be another Great Depression. If you’re a loving husband, imagine explaining there’ll be no more foreign holidays to your wife. Or rather your ‘bitch’, because you’ll have been forced to become her pimp.

Your lottery win could come any day

£10 million is nothing in terms of lottery wins these days, and if you’ve been playing for years your payout is due. Frankly it’s disgusting that the government can just help themselves to your money when you’ve been carefully planning for your financial future by playing it every week since 1995.

You’ve had a great idea for an app

Remember how you had the brilliant idea for an app that teaches you German, only to find DuoLingo had beaten you to it by a mere 15 years? That wasn’t fair, but your next idea will definitely work. Do you really want to be hit with a wealth tax just when you’ve come up with Tinder, but for dogs?

There will be a South American-style military coup

Whenever the interests of the rich are threatened, there’s a military coup which leads to rampant inflation which leads to secret prisons and testicular electrocutions. Is that really what you voted for? Thinking again, it’s the lefties they punish so come on, Rachel Reeves, bring in your wealth tax and give us the fascist death squad utopia we deserve.

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Salt Path controversy vindicates man's decision to never read books

A MAN who exclusively watches television feels fully justified in doing so after a popular memoir turned out to be largely invented. 

Steve Malley, aged 45, whose bookshelf contains only DVDs, says that he always knew that the written word was for chumps and the Salt Path controversy proves it.

He explained: “I’ve not read a book since school. Why? They’re boring and take ages to get through. One short book takes longer than five episodes of Motorway Cops.

“It annoys me when smug people boast about how much they read, like Martin down the pub always lording it over us that he’s read all four Wayne Rooney autobiographies, thinking it makes him proper intellectual.

“But this Salt Path business proves what I always knew, which is they make a load of shit up. I knew they just made a load of shit up. If JK Rowling can make up wizards and stuff, why wouldn’t some woman say going to Cornwall can cure cancer, or whatever?

“I bet all those readers are feeling pretty embarrassed right now. If they hadn’t bothered reading it, none of this would have happened. In a way, they’re equally to blame.”

“Might watch the film though, because Gillian Anderson.”