Forum Message

Topic: Re:Mansion Tax!
Posted by: Thomas Barry
Date/Time: 23/09/14 17:43:00

"It will penalise middle class home owners"

Nonsense, it'll tax rich people in a way that they can't get out of with clever tax avoidance schemes.

If you live in a 2m house in Chiswick because of ridiculous house price rises boosting your equity you haven't earned it and it isn't a 'nest egg' and you should stop fooling yourself.

If you've bought it recently for cash or with a mortgage without massive amounts of equity from previous ladder climbing, you're by definition extremely well off and can put your hand in your pocket, particularly given that the whole recession and wage squeeze we just had appears to have left you miraculously unharmed. Well done, lucky old you. Pay up, the way the rest of us did when VAT went up the other year.

It's not a perfect solution to how to tax wealth in a way wealthy people can't evade (Land Value Tax is much more like it) but it starts to redress the balance somewhat.

[grumpy middle class person living in house considerably under 2m, like the vast majority of the middle class]

Entire Thread
TopicDate PostedPosted By
Mansion Tax!23/09/14 17:38:00 Sean Wales
   Re:Mansion Tax!23/09/14 17:43:00 Thomas Barry
      Re:Re:Mansion Tax!23/09/14 18:07:00 Richard Greenhough
         Re:Re:Re:Mansion Tax!23/09/14 18:16:00 Julian Pavey
            Re:Re:Re:Re:Mansion Tax!23/09/14 18:21:00 Michael Brown
               Re:Re:Re:Re:Re:Mansion Tax!23/09/14 18:23:00 Stuart Kerr
      Re:Re:Mansion Tax!23/09/14 20:46:00 Will Watson
   Re:Mansion Tax!23/09/14 18:43:00 Ed Yelland
      Re:Re:Mansion Tax!23/09/14 19:21:00 Susan Kelly
      Re:Re:Mansion Tax!23/09/14 19:23:00 Pete Mayes
   Re:Mansion Tax!23/09/14 22:59:00 Nick Barton
      Re:Re:Mansion Tax!24/09/14 00:43:00 George Knox
      Re:Re:Mansion Tax!24/09/14 08:54:00 Richard Greenhough
         Re:Re:Re:Mansion Tax!24/09/14 09:12:00 Nick Barton
            Re:Re:Re:Re:Mansion Tax!24/09/14 09:21:00 Charles Campbell
               Re:Re:Re:Re:Re:Mansion Tax!24/09/14 10:47:00 Sam Hearn
   Re:Mansion Tax!24/09/14 10:41:00 Sean Wales
      Re:Re:Mansion Tax!24/09/14 10:45:00 Susan Kelly
         Re:Re:Re:Mansion Tax!24/09/14 10:51:00 Charles Campbell
         Re:Re:Re:Mansion Tax!24/09/14 10:53:00 Sam Hearn
            Re:Re:Re:Re:Mansion Tax!24/09/14 11:25:00 Will Watson
               Re:Re:Re:Re:Re:Mansion Tax!24/09/14 11:30:00 Huw Burford-Taylor
                  Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 12:18:00 Chris Martin
               Re:Re:Re:Re:Re:Mansion Tax!24/09/14 11:46:00 Nick Barton
                  Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 11:59:00 Viv Griffiths
                     Re:Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 12:06:00 Adrian Irving
                        Re:Re:Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 12:22:00 Charles Campbell
                     Re:Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 12:10:00 Guy Lambert
                        Re:Re:Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 12:15:00 Pete Mayes
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Mansion Tax!24/09/14 12:18:00 Adrian Irving

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