Forum Topic

Robin Hood Corbyn

For many years Corbyn has hit out at millionaires in his speeches.Has anyone noticed in recent years this has stopped and he has turned his criticism to billionaires instead of millionaires?Any guesses why he has changed tactics?The champagne marxist millionaire would look a fool effectively criticising himself, what with living in his wealthy million plus Islington property and a gold played pension to die for.

Paul Game ● 2550d6 Comments

That's inflation for you ...

Michael Ixer ● 2550d

On a more serious note, with the inflation in property prices and the cessation of final salary pension schemes and people being forced to use savings vehicles such a SIPPs and ISAs for retirement I would imagine a significant proportion of people are now technically millionaires. Many who own a property in Putney and have a money purchase pension scheme maybe one? That doesn't mean they feel rich as they probably can't realise the value in their property and their pension may have to last them up to 40 years.

Michael Ixer ● 2550d

If it’s true that the top 1 percent earners pay 26 percent of the country’s income tax. I am extremely grateful to them. I just hope they don’t all leave if the unthinkable happens!

Nick Gulliford ● 2550d

Haha fair point about house price inflation and the property millionaires who aren't necessarily cash rich👍The only way some people would get to see their property wealth is to downsize or move to a cheaper area but not always as simple as it sounds.

Paul Game ● 2550d

Mr GameAre you a Putney property millionaire ?YoursJeremy

John Hawkes ● 2549d

I am a millionaire but have spent all my life criticising millionaires.I went to a private Grammar school but now want to abolish them.I have friends in the IRA.I have friends that are enemies of the UK.I have never had a proper job.I am stuck in the 70's.Best wishesJeremy.

Paul Game ● 2549d