New problem - high levels of savings

[elsergiovolador]

Savings are only reserved for elites. If the Pleb have savings then it means the taxes are too low.
It seems like a good time to put 25% tax on savings for any rich person that has over £20k in their bank account and then funnel the money through schemes to party friends and sell it as "We are all in this together. Support (our) business. Spend it or lose it".

[ShandyDrinker]

You just can't win. If you have no savings you're accused of not having discipline and then when you build up savings or have a pension, you're the target for a tax raid.

[AtW]

“ Households across the world have been saving up since the coronavirus pandemic hit the global economy, but their cash stash poses a dilemma for policymakers as they try to gauge the amount of stimulus needed to fuel a return to growth.”

Subscribe to read | Financial Times

How dare people save money for rainy day, bring on -10% monthly rates to make them spend spend spend