UK General Election 2015
Discussion
Zod said:
vonuber said:
Given the way property prices in London are going there could be a lot of ordinary folks getting clobbered because they had the misfortune to live in the same area for 20 years.
There are several old people on our street who have lived there for thirty, forty or fifty years, having bought their houses for relatively modest amounts of money and who live on modest pensions. Their houses are now worth £2m+ and they will simply not be able to pay the mansion tax. QUite a few of them (this is North London) will be Labour voters.HoHoHo said:
funkyrobot said:
Dangerous stuff indeed!
Amazing though how so many people (my brother included) are so short sighted and will vote Labour simply because they say they will hire more nurses. They completely disregard the bigger picture and fail to realise that the parties are throwing anything into the mix to get people on board.
I'm not sure how you can convince those like your brother they really are wasting their vote?Amazing though how so many people (my brother included) are so short sighted and will vote Labour simply because they say they will hire more nurses. They completely disregard the bigger picture and fail to realise that the parties are throwing anything into the mix to get people on board.
Obviously in view of our pc-riddled media's repeated failure to even occasionally ask where the money for such things actually will come from, obviously it will come from those magic money trees they have cultivated...
We are doomed whatever the outcome plus we are repeatedly assured it is essential that the Nation needs more immigrants to survive.
This incessant brainwashing is at last taking effect. I'm beginning to believe it all you know ....
The madness and poor judgement will not only continue after May 7th, it will thrive ... Now that prospect has really cheered me up with renewed vigor.
Justayellowbadge said:
On the assumption this will be based on some arbitrary assigned value, rather than the actual selling price, I can see some odd distortions.
Something appraised at, say, 1.95M could end up being fought over and selling at significantly more, as it is liability free.
A similar property assigned a price of 2.05M will be all but unsaleable unless discounted to take into account the MT costs for a few years. 1.7M perhaps?
Quite. And consider this: a property is assessed at £2.1m. The owner puts it on the market immediately. After a year it sells at £1.8m. Something appraised at, say, 1.95M could end up being fought over and selling at significantly more, as it is liability free.
A similar property assigned a price of 2.05M will be all but unsaleable unless discounted to take into account the MT costs for a few years. 1.7M perhaps?
The owner is assessed for mansion tax for one year, based on a value of £2.1m. Should they have to pay?
Greg66 said:
Justayellowbadge said:
On the assumption this will be based on some arbitrary assigned value, rather than the actual selling price, I can see some odd distortions.
Something appraised at, say, 1.95M could end up being fought over and selling at significantly more, as it is liability free.
A similar property assigned a price of 2.05M will be all but unsaleable unless discounted to take into account the MT costs for a few years. 1.7M perhaps?
Quite. And consider this: a property is assessed at £2.1m. The owner puts it on the market immediately. After a year it sells at £1.8m. Something appraised at, say, 1.95M could end up being fought over and selling at significantly more, as it is liability free.
A similar property assigned a price of 2.05M will be all but unsaleable unless discounted to take into account the MT costs for a few years. 1.7M perhaps?
The owner is assessed for mansion tax for one year, based on a value of £2.1m. Should they have to pay?
If however, they intend to avoid this by revaluing everything at point of sale, and annually for properties not sold, then that should only cost about 150% of what this ridiculous bit of envyneering will bring in. To fund the NHS.
Thought this was quite good. Comparing different parties manifestos and seeing what others thought on the same area.
http://www.telegraph.co.uk/news/general-election-2...
http://www.telegraph.co.uk/news/general-election-2...
HoHoHo said:
I'm not sure how you can convince those like your brother they really are wasting their vote?
I honestly don't think you can. I have lots of friends who work in the NHS and they are all just as blinkered to reality. Funny thing is that they all moaned just as much when Labour was in power, yet they are convinced they are the solution now. Where all my friends work is a trust that is facing massive cuts over the next few years thanks (mostly) to a crippling PFI deal on a new hospital that wasn't really needed. Whose idea was the PFI deal? - Labour. And who's getting the blame for all the problems now? - the Tories and their evil austerity and cuts (despite the NHS budget being ring-fenced of course). Honestly, you couldn't make it up...I concede that the NHS is not a great place to be working right now, but just throwing more and more money at it has never been the answer and it will never be. What the NHS desperately needs is a good reality check, some radical reform and the some appetite from the public to actually see this through. Sadly, this will never come because the NHS is now just a political can that is kicked down the road every time and election comes along. The only chance it stands is a strong majority government with a few terms in office and the will to make some changes - something it seems unlikely we'll ever get in the near future.
jonby said:
Quite. Everyone with even only half a brain cell can see that there are fewer people (proportionately) paying to support a larger number of dependants. A wealth tax is basically just saying the answer is to keep taking more and more from those who haven't sp****d off their money
So why do the Tories keep pushing the tax threshold up, removing more people from income tax? Zod said:
But Labour would not "shift" the burden from income onto assets. It would simply add an additional burden on assets, keeping the existing impost on income. Labour has never reduced the overall tax burden.
It's not a labour policy. It should be, and would be much better than sdlt and mansion tax.blade runner said:
HoHoHo said:
I'm not sure how you can convince those like your brother they really are wasting their vote?
I honestly don't think you can. I have lots of friends who work in the NHS and they are all just as blinkered to reality. Funny thing is that they all moaned just as much when Labour was in power, yet they are convinced they are the solution now. Where all my friends work is a trust that is facing massive cuts over the next few years thanks (mostly) to a crippling PFI deal on a new hospital that wasn't really needed. Whose idea was the PFI deal? - Labour. And who's getting the blame for all the problems now? - the Tories and their evil austerity and cuts (despite the NHS budget being ring-fenced of course). Honestly, you couldn't make it up...I concede that the NHS is not a great place to be working right now, but just throwing more and more money at it has never been the answer and it will never be. What the NHS desperately needs is a good reality check, some radical reform and the some appetite from the public to actually see this through. Sadly, this will never come because the NHS is now just a political can that is kicked down the road every time and election comes along. The only chance it stands is a strong majority government with a few terms in office and the will to make some changes - something it seems unlikely we'll ever get in the near future.
I have nothing but praise for the NHS. The front line staff are the reason my daughter and fiancee are still alive. The level above though is quite bizarre. I simply cannot believe it has been allowed to get like that.
edh said:
jonby said:
Quite. Everyone with even only half a brain cell can see that there are fewer people (proportionately) paying to support a larger number of dependants. A wealth tax is basically just saying the answer is to keep taking more and more from those who haven't sp****d off their money
So why do the Tories keep pushing the tax threshold up, removing more people from income tax? But as to why the threshold has been going up, it's partly because that makes the system more progressive and partly because it helps slim the gap between minimum wage & living wage - both are talked about in gross, pre tax terms and if tax is lower for the lower paid, gross living wage doesn't need to be as high - for all that I object to some of the taxes/proposed taxes on the better off in society, it's a nonsense that minimum wage is less than the living wage
Targarama said:
The Mansion Tax is a crazy idea and I am sure the champagne socialists know it in reality. However if Ed(s) get in and implement it you can be sure it will be repealed as soon as a more sensible party comes to power again.
Can anyone show the numbers, as I am unclear:How many Mansions are there in the UK?
How much will the tax raise?
How many stupid people own Mansions and will just put up with this?
BGARK said:
Targarama said:
The Mansion Tax is a crazy idea and I am sure the champagne socialists know it in reality. However if Ed(s) get in and implement it you can be sure it will be repealed as soon as a more sensible party comes to power again.
Can anyone show the numbers, as I am unclear:How many Mansions are there in the UK?
How much will the tax raise?
How many stupid people own Mansions and will just put up with this?
BGARK said:
How much will the tax raise?
Labour claim £2b but more likely to be around £1.3b or even less (which is peanuts in the scheme of things).Anyone can propose a way to generate £1.3Bn. I propose a tax of 200% on all fruit - there done it. Now, what's the consequence? Everyone stops buying fruit. Thousands get scurvy. NHS is overstretched and more tax needs to be raised.
I should stand for parliament with daft tax-raising ideas like that!!!
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