One way to be clear about the geographic wealth inequality in the UK is to look at inheritance tax receipts (remembering that only about 5% of estates pay IHT at all).
What we see is that such wealth is skewed towards London & SE England, which is no surprise but what perhaps is, is that across the London region IHT tax receipts were higher than totals for Scotland & Wales, together!
No wonder the rich were quietly backing the Farmers 'farm tax' protests!
@ChrisMayLA6 London is more than twice the total for Scotland and Wales together; but, London has a larger population than Scotland and Wales put together. South West England, which probably doesn't, also has a larger IHT contribution. Those figures would be more interesting if normalised by population.
However, I don't believe this captures the full stratification of wealth in the UK. The fifty richest families are said to hold more wealth than 50% of the population.
@simon_brooke @ChrisMayLA6 This is what's called "envy porn" and its only purpose is to try and rally socialist voters.
The thing is.. we are more or less living in a socialist society with sky high taxes for everyone, so there no longer is an exploited "under class" to rally, and that is why socialist parties all over are collapsing.
The only way out is to find new areas for hatred and polarization. Environment and omo rights seem to be two areas, but I think people have started to see
@simon_brooke @ChrisMayLA6 through the climate bluff as well, and omo rights is not big enough of an issue to create the necessary hatred to make socialists successful.
