The rich and wealthy are also not that valuable because their low overall rates of tax compared to both income and wealth suggests that our dependency upon them is tenuous, and that their replacement by lower paid, but likely to be as ambitious and in truth equally competent people of sound judgement, might in the event that there was an exodus from the country of the current incumbents of the highest paid posts actually be for the overall best of the country by creating a considerably improved income distribution.
Didn’t we try this? Didn’t we have a brain drain? And did it make us better off?
Well, umm, 1976 was when this country was most equal……