The Garrulous Jay – Wealth Attax

The Garrulous Jay – Wealth Attax

A well-designed one-off wealth tax would raise a total of £260 billion at a rate of 5% over £500,000 per individual…payable at 1% per year over five years. (Source: “A wealth tax for the UK”, Wealth Tax Commission, 9th December 2020)So says a report...
The Garrulous Jay – A Dash & A Wish

The Garrulous Jay – A Dash & A Wish

“No matter which way we cut it we end up with a situation where, across any number of metrics of valuation that we have faith in, the US just simply looks like the world’s most expensive market right now. And that’s putting a lot of faith and hope in the tech...
The Garrulous Jay – Imperial Mince

The Garrulous Jay – Imperial Mince

“Empire…” What does the word mean to you?For me it conjures up images of might, autocracy, scale and longevity. But it also comes with connotations of history and decline: empires don’t just fade away, they ‘fall’. As Enoch Powell famously wrote of political careers,...
The Garrulous Jay – Go-Ahead Punks

The Garrulous Jay – Go-Ahead Punks

“What has been will be again,    what has been done will be done again;    there is nothing new under the sun.”Ecclesiastes 1:9The book of Ecclesiastes was written in c.450-200 BCE. According to Wikipedia this is 2650-3300 years after the first...
The Garrulous Jay – Buy To Regret?

The Garrulous Jay – Buy To Regret?

The Office for Tax Simplification’s report on Capital Gains Tax makes for potentially sobering reading or buy-to-let landlords.Published on the 11th November, two recommendations in particular stand out:•    The harmonisation of Capital Gains Tax (CGT)...
The Garrulous Jay – Tales From The Crypto

The Garrulous Jay – Tales From The Crypto

The recent spike in the value of Bitcoin has sparked a renewed interest in cryptocurrency. But what exactly is it and what should we make of it?At its simplest a unit or ‘coin’ of cryptocurrency is a unique piece of computer code that can be transferred between...