And bankruptcy ("there's no money left") if they vote Labour. Nothing wrong with inequality if everyone is better off and everything wrong with equality if everyone is in a sinking ship.
About 1/3rd of total income tax is paid by the top 1% earners. You're welcome to have policies that push them away and put the burden on less able to fill the gap, providing of course I can keep my state pension.
All reports seems to indicate that the UK economy and unemployment is doing well at the moment despite all the obstacles and you want to rock the boat?
Very true. Like I've said above, when it boils down to the level of protecting individual interest, families and offspring, many so-called socialists fall very much into the "do as I say, not as I do" camp.
I'll give Jeremy Corbyn his due, I think he tries harder than most to genuinely "live the life" of a Socialist, hence why I have a grudging respect for him even though I don't agree with him, but I'm sure there will still be mini-hypocrisies in his life. Human beings are built to survive, and part of that instinct leads us to compete, be it for status, resources or whatever.
I don't think the socialism promoted by the British Labour party precludes people being rich, so I don't see where the conflict of interest lies.
If they were millionaires campaigning for lower rates of tax on income, wealth and property then I would see the problem, but I don't think they are.
The Guardian has a reasonable article on whether raising the rates of tax would be a good idea.
Certainly pre Thatcher top rates of 83% didn't work too well.
nhttps://www.theguardian.com/money/2019/jan/07/would-alexandria-ocasio-cortez-70-per-cent-tax-proposal-work-in-uk
Yes that is a pretty sensible appraisal. I think the first priority should be collecting the correct amount of tax from very wealthy individuals and large multinational companies, rather than raising taxes, but that needs to be coordinated across all industrialised nations.