Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Estate Agents against Mansion Tax Shock ! | |
Posted by: | Steve Gallant | |
Date/Time: | 30/09/14 08:25:00 |
None of these are insurmountable problems. Perhaps if Osbourne hadn't sacked so many tax inspectors HMRC would be doing a better job of tax collecting. That's easily remedied. Valuations is trickier. If you do it properly it will take time. There were appeals on Council Tax but it didn't stop it coming in pretty quickly after the Poll Tax fiasco. There's no evidence prices will go down. If youre buying a £2m or £3m house you're pricing in the associated costs of living there including taxes. In the rest of the country prices did go down, and are only now reaching 2007 levels. The ceiling hasn't fallen in. Repossessions have been low. With unsustainable rises over the last number of years a slow down in price rises would be healthy for the economy and those trying to get on or move up the ladder too. These are questions of implementation, not the principle that those enjoying huge wealth compared to the rest of the population should pay a bit more... |