Property taxes

Polly Toynbee says that “Homes are not taxed at all, and yet that is where all this burgeoning wealth comes from.” But as the OECD points out, Britain raises more of its tax take from property than just about any other rich country. Tim Worstall Source: Here’s the real truth about inequality – CapX

Snobs

Alain de Botton, in his book Status Anxiety, points out that in the 1820s the word ‘snob’ emerged from Oxbridge, where colleges often wrote ‘s.nob’, short for ‘sine nobilitate’ — without nobility. ‘In the word’s earliest days,’ he writes, ‘a snob was taken to mean someone without high status, but it quickly assumed its modern and …

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