Topic: | Re:Re:Estate Agents against Mansion Tax Shock ! | |
Posted by: | Steve Gallant | |
Date/Time: | 29/09/14 12:40:00 |
1 If you live in a huge "cheap" house you're not sitting on millions in equity. 2 Equity is capital, just as cash, shares, land are. 3.Its money you haven't earned or paid tax on. 4. Even if you sell, its the buyer who pays stamp duty,not the seller. 5.Why do you think you should get hundreds of thousands when you sell or pass on to your family without it being taxed in anyway ? 6. if you reached say £2.1m, you'd only be taxed on the £100k anyway.. When other people are being forced to downsize to 1 bed flats or pay the Bedroom Tax, What about social justice in housing policy ? |