So many countries are following Obama and assume that raising taxes on the “rich” is now justified. Britain is moving to add the “Mansion Tax” additional taxes on property valued at £2 million. The benefit is claimed it will reduce the average person taxes by £2 a week. Property taxes in the City of London on business is already about 100% of the rent. Everything everywhere is about raising taxes rather than creating jobs. At create tax incentives for hiring someone. The trend is clearly in motion.
http://www.bbc.co.uk/news/uk-politics-21453444
