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UK politics - Hamsterwheel

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UK politics - Hamsterwheel

Old 21st Nov 2014, 21:02
  #5161 (permalink)  
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Originally Posted by Effluent Man View Post
I don't think 3000 on a two million pound house would have any effect.It is like arguing that if road tax goes up 30 on a 20k car then that would stop people buying them.
I refer you again to this:
HM Treasury introduced a new stamp duty rate of 7% on properties over 2 million in the 2012 Budget. In the following five months the number of luxury homes sold by Savills for between 1.8 million and 2.0 million rose by 37% in comparison to the same months in the previous year. By contrast the number of sales between 2.0 million and 2.2 million fell by 29%. In other words, high property taxes have an immediate impact on behavior (and, according to the economic orthodoxy, should therefore be considered as bad taxes). - Source: http://www.cps.org.uk/files/factshee...mansiontax.pdf
Contrary to what you think these changes do make a difference. That's 3000 per year, remember.
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Old 21st Nov 2014, 21:32
  #5162 (permalink)  
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What is wrong with this photograph?



Why should the person who tweeted it be forced to resign from the cabinet?

BBC News - Miliband: Thornberry's 'white van, flag' tweet lacked respect
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Old 21st Nov 2014, 21:41
  #5163 (permalink)  
 
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I agree completely.the judgment is in the mind of the person looking at it.Having seen the guy though I can't imagine many would want him as a mate.Cellmate maybe.Looks like his Transit is full of copper cable and the trains are stopped. Nick,cool it mate,it's an internet forum.
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Old 21st Nov 2014, 21:43
  #5164 (permalink)  
 
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The point of this ridiculous "mansion tax" is that in London, 2million is NOT a mansion, whereas in other parts of the country it may well be. Disproportionate tax on Londoners, politics of envy and tax the rich

Also, why does the fact that Myleene Klass is a celebrity have any bearing? She tore Milliband a new one, he responded with a pathetic tweet dictated to him by a spin doctor some hours later....
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Old 21st Nov 2014, 21:45
  #5165 (permalink)  
 
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The dippy slope bint couldn't tear her way out of a paper bag.
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Old 21st Nov 2014, 21:47
  #5166 (permalink)  
 
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inaccurate, sexist and racist all in one post...and not any attempt to answer any point put to you.
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Old 21st Nov 2014, 21:50
  #5167 (permalink)  
 
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Brilliant..two minutes until the first tug on the line.
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Old 21st Nov 2014, 22:10
  #5168 (permalink)  
 
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It doesn't "solve" what happens to the sudden drop in value of their 2.1m house which they will not only have a harder time selling for >2m (who wants to spend that much to pay a tax?) but will also lose a share of their profit on in tax. These houses are quite literally nest-eggs for a lot of people, and you'd have them reduced in value.
Gosh how sad. I feel so sorry for all these multimillionaires, worrying about maybe leaving slightly fewer millions to their children, if they're daft enough to die before the prices go back up again as they surely will.

Meanwhile, back in the real world ...
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Old 21st Nov 2014, 22:13
  #5169 (permalink)  
 
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Gertrude, FFS this is the real world, these are not multi-millionaires, they are people whose houses have gone up in value

But its London, so I guess you don't care
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Old 21st Nov 2014, 22:20
  #5170 (permalink)  
 
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Multi - More than one

Two - More than one

Two million - Multi million
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Old 21st Nov 2014, 22:37
  #5171 (permalink)  
 
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Nick,cool it mate,it's an internet forum.
Yes, you're right. You should be allowed to spout your rubbish without any reproach.

Now, about that riot you read about on an internet forum...
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Old 22nd Nov 2014, 01:28
  #5172 (permalink)  
 
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Instead of wasting time on the 2 million mansion tax which is largely irrelevant to most people we should be looking at a far more important piece of political manoeuvring from Mr Cameron.His application for exemption from a bonus cap for British bankers etc has been rejected.Can you imagine the irony of this application to allow bankers unlimited bonuses? This is the group that wrecked the economy through sheer greed without any legal retribution,who continue to receive 20% increases in salary each year while the likes of nurses receive 1%.'we are all in this together ' Dave has really excelled himself this time - the excuse being that higher salaries will occur.He is supposed to be the prime minister for Christs sake,if he cannot stop outrageous pay rises in the financial sector he should resign.
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Old 22nd Nov 2014, 05:22
  #5173 (permalink)  
 
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Oh come on bcg,it's not important.When they have spent their bonus,well the bit of it they didnt spend on the half a dozen buy to lets to milk the DHSS and the new Bentley for the mistress that nasty Ed Miliband will be along to milk them of three grand.

It would be terribly bad form for that snivelling little swot Cameron minor to restrict or tax their incomes.They would just get that rough boy Johnson to scrag him in the quad on the way back from the tuck shop.
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Old 22nd Nov 2014, 07:37
  #5174 (permalink)  
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Originally Posted by Gertrude the Wombat View Post
Gosh how sad. I feel so sorry for all these multimillionaires, worrying about maybe leaving slightly fewer millions to their children, if they're daft enough to die before the prices go back up again as they surely will.

Meanwhile, back in the real world ...
What a short-sighted view on the economy.

These are not people raking in cash, these are people who live in a house which has appreciated in value. You would tax them for living in London rather than, say, Liverpool.

This isn't even a Lib Dem policy - even Nick Clegg thinks this is a dumb idea.
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Old 22nd Nov 2014, 07:47
  #5175 (permalink)  
 
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Old 22nd Nov 2014, 10:08
  #5176 (permalink)  
 
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Originally Posted by Gertrude the Wombat View Post
Gosh how sad. I feel so sorry for all these multimillionaires, worrying about maybe leaving slightly fewer millions to their children...
And there, in a nutshell, is one of the biggest problems facing this country.

We have a problem with wealth.

Someone is wealthy, so the appropriate course of action is to pour scorn on them and devise various ways to confiscate that wealth.

After all, the only way they can possibly have become multimillionaires is through immoral and illegal means, right?
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Old 22nd Nov 2014, 16:54
  #5177 (permalink)  
 
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Not the only,but quite common in both cases.I would certainly argue that those who got there via bank bonuses come into the frame.If they had created large amounts of wealth for the country at large then maybe their pay might have been acceptable.

But they were incompetent and virtually bankrupted us by their get rich schemes.Most reasonably educated small businessmen could probably have made a better job of it than they did.Borrowing money from one person and lending it to another at a higher rate,how much skill does that take?
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Old 22nd Nov 2014, 17:12
  #5178 (permalink)  
 
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Mr Chips
The point of this ridiculous "mansion tax" is that in London, 2million is NOT a mansion, whereas in other parts of the country it may well be.
How right you are.

Scotland: Offers over 2.62 million invited.
13 bedroom main house, 5 further houses, stable block, extensive outbuildings, equestrian facilities. The main house and estate buildings have recently been renovated.
100 acre estate with 1500 metres of river frontage.
More details and pics here


London: Sold in May 2014 for 2.62 million.
A Chelsea 'mansion' three minutes walk from us -


House with red door.
2 bedroom un-modernised terraced house.
(Or, as the estate agents described it, "a blank canvas on which to create a contemporary freehold." )
Note use of wide-angle lens which makes the house appear much wider than it actually is.
The 'estate': Link



According to figures just published by the ONS, the average price of a British home is 272,000 and the London average is 514,000.

In London, a little over million could buy you:

a 3 bedroom terraced house in an 'inexpensive' area:


or, again just a few minutes from us,

an 11 ft x 7 ft shed on an “irregular shaped, broadly level site” of about 0.013 acres (about 560 sq ft)


Described as a 'garage' despite not having vehicle access it was due to go to auction last month with planning permission to demolish the garage and erect a single storey & basement 2-bedroom dwelling. Guide price 500 - 550,000.

It was sold before the auction. The purchase price wasn't disclosed but it was obviously enough to persuade the vendor to withdraw it.

Last edited by Flying Lawyer; 22nd Nov 2014 at 17:30.
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Old 22nd Nov 2014, 17:52
  #5179 (permalink)  
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Has the redoutable E. Thornberry been round to photograph the shed yet as an example of the sordid accommodation which Londoners wishing to reside just outside the City are forced to purchase ?

Incidently her picture from Rochester - wasn't. It was Strood. Who says Labour politicians know where they are ?
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Old 22nd Nov 2014, 19:41
  #5180 (permalink)  
 
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And there, in a nutshell, is one of the biggest problems facing this country.

We have a problem with wealth.

Someone is wealthy, so the appropriate course of action is to pour scorn on them and devise various ways to confiscate that wealth.

After all, the only way they can possibly have become multimillionaires is through immoral and illegal means, right?
The divide between the rich and the poor in this country is growing wider at an alarming rate. That is not a trait of a developed and well balanced nation and we should be concerned about this. Sure if you have money you can sneer at those who appear envious. What has to happen is some real change. Unfortunately we have zero politicians who are able to step up to the mark and effect the change needed. So, the rich will continue to get richer and the poor will continue to be sneered at.
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