Why Do UK Governments Refuse to Tax the Super Rich? Because That Would Be Too Sensible.
Posted on March 30, 2025
Modern Britain. A country where the rich get richer, the poor get poorer, and the government—regardless of who’s in charge—insists that the only way to “balance the books” is by squeezing the life out of the working class. Because, of course, it would be utterly ridiculous to make billionaires or giant corporations contribute a fair share. No, no, far better to hike National Insurance, slash benefits, and let ordinary people foot the bill for economic crises they didn’t cause.
The Rich: Too Fragile to Tax, Too Important to Jail
You see, the super-rich are a delicate species. If we tax them too much, they might pack up their gold-plated briefcases and flee to Monaco, and then who would fund politicians’ lavish donor dinners? So instead, we must treat them with care—perhaps even give them a tax cut to keep them happy.
Capital gains tax? Let’s keep it nice and low so that people making millions off stocks and property don’t feel too oppressed. Non-doms? Let’s make sure they can enjoy British life without the hassle of paying tax like the rest of us. And those delightful corporations dodging billions through offshore accounts? Let’s not ask too many questions—after all, they promise “investment” (which suspiciously never seems to materialise outside of their shareholders’ bank accounts).
Meanwhile, working people get the pleasure of funding the NHS, schools, and infrastructure through VAT, council tax, and endless stealth taxes. Because, let’s be honest, it’s so much easier to take from those who can’t afford an accountant to hide their earnings in the Cayman Islands.
The Great Trickle-Down Fairy Tale
For decades, politicians have assured us that if we just let the rich hoard their billions, their generosity will somehow trickle down to the rest of us. Yes, that’s right—any day now, Jeff from your local food bank will be showered with wealth thanks to some hedge fund manager’s good vibes.
Except, of course, that never happens. Instead, the rich squirrel their money away in offshore accounts, snap up half of London’s housing stock to leave it empty, and then complain that they’re being persecuted whenever the mere suggestion of taxation is raised. Meanwhile, working families are told that budget cuts to vital services are simply unavoidable.
Who Pays for Britain’s Mess?
When the bankers crashed the economy in 2008, who paid? Not the bankers, that’s for sure. The government bailed them out while punishing the public with a decade of austerity.
During COVID, when billionaires doubled their wealth, who picked up the tab for furlough schemes and emergency spending? That’s right—ordinary taxpayers.
And now, in the latest round of “How Can We Punish the Poor?” we’re told that there’s no money for public services, while the government continues to dish out dodgy contracts, does little or nothing about corrupt water companies and MPs enjoy subsidised bars in Parliament. Funny how that works.
Why Won’t Politicians Just Tax the Rich?
Because they work for them. Simple as that. The Conservative Party is basically a side hustle for hedge fund managers, property tycoons, and oil barons. And Labour? Well, let’s just say they’re not exactly racing to upset the apple cart either. They are essentially Tory light through fear of attack dogs that have taken control of 80% of the key media outlets. The Sun, Express, Mail and Telegraph are heavily armed with billionaires waiting to wage war on anyone who dares to challenge them.
Billionaire-owned newspapers scream bloody murder at any whisper of wealth taxes, and politicians—keen to secure their future directorships—dutifully comply, with straight faces, as they explain to the QT audience that wealth hoarders should be admired. Instead of being critical, they’ll throw out distractions: blame migrants, blame single parents, blame literally anyone but the people actually hoarding all the wealth. The Tories are experts at this but Labour are doing it as well.
Welcome to the Populist Nightmare
And here’s where it gets even more depressing. Because when people realise—too late—that neither the left nor the right actually care about them, they don’t always turn to sensible solutions. No, many go looking for a strongman, someone who “tells it like it is” while quietly making things even worse.
History has shown us time and time again what happens when the working class is bled dry while the elite laugh from their ivory towers. People become desperate, and desperate people make dangerous choices. Enter the populists—charlatans who promise to smash the system but, in reality, are just another brand of self-serving opportunist. They point fingers at easy scapegoats, whip up anger, and before you know it, we’re tumbling into a dark, chaotic, and sinister political landscape where civil liberties shrink, division grows, and the economy tanks even further.
We’ve seen it before, and yet we seem determined to make the same mistake again. The US is sinking into a dystopian nightmare and we appear to be following their lead as Nigel Farage, a poster boy for grifters and the politically dumb, gains support.
A Radical Idea: Tax the People Who Can Actually Afford It
Imagine a world where the rich paid their fair share. Where billionaires and corporations couldn’t legally dodge taxes while a nurse on £30,000 a year gets squeezed dry. Where public services were funded by those who actually have the money, rather than those choosing between heating and eating.
Too logical? Too fair? Probably. But until we demand better, the cycle will continue: the rich will laugh all the way to the (offshore) bank, and the rest of us will be left footing the bill—again. Only this time, it won’t just be economic hardship we’re dealing with, but the rising tide of something much darker.
It’s that serious.
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