This subreddit is great. Tax. The. Rich.

Keep criticising Starmer and the Labour government.

Those in the neoliberal centre will keep repeating the same mistakes until they listen to the left.

Tax. The. Rich. Capital gains. Wealth tax. Land tax. Financial Transactions tax. Trusts tax.

Plenty of money available without even touching income tax for anyone earning under £1m.

If the government can tax the rich properly, it can then also “do” MMT (which it can’t do without proper taxation of the rich).

As for inflation, we must bring the cost of living down whilst increasing the disposable income of the average citizen:

Rent controls, nuclear power, more renewable, water and energy under public ownership. Vienna style social housing. Build houses on a post-WW2 scale (by a national company, not private cheap-as-possible builders). Cap number of allowed landlords, AirBnB, and any sort of buy to let. Have mortgages available by a national bank, with caps on total interest that can be paid, or mortgages that allow you to buy the house at build cost. Invest in building new local rail lines as well as HS2. Nationalise the rolling stock. Bring all bus networks into public ownership, controlled and run by local regions.

This will all bring the cost of living down, across rent/mortgage, energy, and transport, which combats profit-driven inflation.

It will also see a boom in disposable income, which increases amount spent on goods and services, which massively boosts the economy, which attracts investment, which boosts the economy.

Add to this a cut in taxes for small and medium businesses, make it cheaper for them to be started and then run. And legislate to allow employees to take democratic ownership of their workplace. Provide business loans for new employee owned businesses.

Plenty of ways to increase spending, combat inflation, and boost the economy in both the short and long term. And all without borrowing.

If Starmer doesn’t do this, things won’t get better for the average person quick enough. Labour will haemorrhage votes to Reform and other parties in 2029, and Labour will end up with a minority government.