Marcus The Board Gamer on Nostr: Also; with housing based wealth it’s generally tied up in said asset. How do you ...

Also; with housing based wealth it’s generally tied up in said asset. How do you fairly tax a pensioner on the value of that house? They probably will have lived in the house for the last 50-60 years, a house purchased for a few thousand £ back then. It’s now worth over a million, but they still only have the state pension as income. Not much headroom for a big tax bill when you’re on £230/week.