Best of luck raising any significant tax revenue if you take all the rich out the tax system. Completely ridiculous idea, no wonder it's never been implemented anywhere but a crazy tax haven.I agree with Adele, taxes are too high in this country and the services we get in return are often not wanted or badly run. In which case, I think its time to introduce a 'opt out' out of government services (meaning you are not able to have access to welfare, the NHS, state schools and so on) where you just pay a rate of 10% tax towards the government and nothing more. Ron Paul floated the idea in the United States and its a very good idea I think, although it won't sit well with socialists who will no doubt jump on me for daring to criticise their big, bloated and expensive state.