Fergus Finlay

The very first attempt was made in the 70s and it was Gabe Warren, of all people, who led the revolt against it.

And ever since then, ever since then, asset taxes had a bad name.

And, you know, if I can, I can just hear the arguments now if somebody starts proponing.

So you're going to take my house off me now.

Is that it?

That's the next thing.

Or maybe 30 acres of land that I've found since time immemorial.

The emotions that get overwrought about asset taxes, I totally support the idea of an asset tax.

I totally support that.

There is a fundamental problem about income tax, which is, and Lucinda is right, income tax on middle-income people is crushing.

You can't reduce income tax on middle-income people without also reducing it on the super-rich.

You could have a third rate.

You could have a third rate.

You could keep it that way, the way it is now, where the super-rich pay 52%.

They won't get away with that either.

The media will go mad.

People queuing up in their thousands last week to pay €500 for a Ryder Cup ticket.

After every morning at the price of them.