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Topic: Mansion / Property tax question for Ruth Cadbury / Guy Lambert
Posted by: Lorne Gifford
Date/Time: 29/04/15 09:38:00

Ruth / Guy

Please explain to us how mansion tax will make any money for the NHS.

The Economist, FT, OBR and various other publications & independent bodies detail how £1.2bn might well be raised from this tax, but that £2.0bn will also be lost due to reduced stamp duty and inheritance tax revenue. Mansion tax devalues 'mansions' by imposing an everlasting tax liability on them. With the average 'mansion' tax bill expected to be £25,000 per year it is hardly surprising that the devaluation is going to significantly affect stamp duty and inheritance tax revenues.

£1.2bn take away £2.0bn is a negative result, so there doesn't appear to be any money left over for the NHS.

Why then are Labour pushing this mansion tax thing so hard?†

Is it for a tax that you can say 'someone else will pay' when canvassing for votes?† Or is it something that will be extended down to a starting rate of £500k or less, so that it can actually raise some money?

Greece, where mansion tax was introduced in 2008 (with a promise it wouldn't change) had by 2013 deemed anything worth more that £250k was now a mansion and had to pay 1% of its value as additional property tax every year.

ATED, the Annual Tax on Enveloped Dwellings.† This is a tax paid by foreign property owners here in the UK (yes, it does already exist). Introduced at a starting level of £2m, next year the level will be bought down to £500k.†

I'd like an answer please


Entire Thread
TopicDate PostedPosted By
Mansion / Property tax question for Ruth Cadbury / Guy Lambert29/04/15 09:38:00 Lorne Gifford
   Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert29/04/15 11:03:00 Adrian Irving
   Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert29/04/15 11:43:00 Richard Greenhough
   Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert29/04/15 14:50:00 Lorne Gifford
      Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert29/04/15 15:54:00 Richard Greenhough
      Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert29/04/15 16:02:00 Paul Green
         David McLoughlin has a direct line into Ruth Cadbury 29/04/15 16:10:00 Claudia Jachtmann
            Re:David McLoughlin has a direct line into Ruth Cadbury 29/04/15 16:57:00 Lorne Gifford
               Re:Re:David McLoughlin has a direct line into Ruth Cadbury 29/04/15 17:55:00 Peter Millman
                  Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 08:17:00 Lorne Gifford
                     Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 10:26:00 Colin Jordan
                        Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 14:20:00 Guy Lambert
                           Re:Labour's con-trick30/04/15 14:27:00 Richard Greenhough
                           Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 14:28:00 Lorne Gifford
                              Re:Re:Re:Re:Re:Re:Re:please call it by its's appropriate† name 30/04/15 14:35:00 Adrian Irving
                              Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 14:41:00 Lorne Gifford
                                 Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 18:40:00 David McLoughlin
                                    Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 21:41:00 Lorne Gifford
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 21:59:00 Lorne Gifford
                                       Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 22:05:00 Pete Mayes
                                          Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 22:18:00 Steve Taylor
                                             Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 30/04/15 23:14:00 Pete Mayes
                                                Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 13:08:00 Jonathan Bingham
                                                   Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 13:39:00 Lorne Gifford
                                                      Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 14:00:00 Tom Pike
                                                      Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 14:07:00 Steve Taylor
                                                      Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 14:29:00 Jonathan Bingham
                                                         Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 14:37:00 Lorne Gifford
                                                            Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 14:48:00 Jonathan Bingham
                                                               Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 15:02:00 Lorne Gifford
                                                                  Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 15:43:00 Jonathan Bingham
                                                                     Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 15:44:00 Jonathan Bingham
                                                                        Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 15:59:00 Lorne Gifford
                                                                           Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:David McLoughlin has a direct line into Ruth Cadbury 01/05/15 16:20:00 Jonathan Bingham
                              CEBR figures and effects of a Mansion Tax01/05/15 07:32:00 Tom Pike
                                 Re:CEBR figures and effects of a Mansion Tax01/05/15 08:27:00 Lorne Gifford
                                    Re:Re:CEBR figures and effects of a Mansion Tax01/05/15 10:00:00 Tom Pike
                                       Re:Re:Re:CEBR figures and effects of a Mansion Tax01/05/15 10:13:00 Lorne Gifford
                                          Re:Re:Re:Re:CEBR figures and effects of a Mansion Tax01/05/15 10:48:00 Paul Green
                                             Re:Re:Re:Re:Re:CEBR figures and effects of a Mansion Tax01/05/15 10:59:00 Lorne Gifford
                                             Re:Re:Re:Re:Re:CEBR figures and effects of a Mansion Tax01/05/15 11:28:00 Tom Pike
                                          Re:Re:Re:Re:CEBR figures and effects of a Mansion Tax01/05/15 11:10:00 Tom Pike
                                             Re:Re:Re:Re:Re:CEBR figures and effects of a Mansion Tax02/05/15 17:13:00 Lorne Gifford
                                             Re:Re:Re:Re:Re:CEBR figures and effects of a Mansion Tax02/05/15 17:15:00 Lorne Gifford
                                                Osbourne's Mansion Tax02/05/15 18:58:00 Tom Pike
                                                   Re:Osbourne's Mansion Tax02/05/15 19:30:00 Alan Clark
                                                      Re:Re:Osbourne's Mansion Tax02/05/15 21:07:00 Steve Taylor
                                                   Re:Osbourne's Mansion Tax02/05/15 19:34:00 Lorne Gifford
                                                      Re:Re:Osbourne's Mansion Tax02/05/15 20:33:00 Tom Pike
                                                         Re:Re:Re:Osbourne's Mansion Tax02/05/15 21:41:00 Lorne Gifford
                                                            Re:Re:Re:Re:Osborne's Mansion Tax03/05/15 10:18:00 Tom Pike
   Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 11:04:00 Adrian Irving
      Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 11:31:00 David McLoughlin
         Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 11:54:00 Paul Green
            Re:Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 11:59:00 Lorne Gifford
            Re:Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 13:28:00 Tom Pike
               Re:Re:Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 13:46:00 Lorne Gifford
                  Re:Re:Re:Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 14:23:00 Tom Pike
                     Re:Re:Re:Re:Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 15:25:00 Richard Greenhough
               Re:Re:Re:Re:Re:Mansion / Property tax question for Ruth Cadbury / Guy Lambert01/05/15 13:46:00 Adrian Irving

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