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All good Tories should support a mansion tax


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OK, I am not a tory anyway, I am just a fan of less taxes, smaller government and less state intervention in my life.

 

but I'm guessing that you are bloody furious if a service you or yours expect is non existent or slow.

 

eg - a GP/hospital appointment, a bus or train, a carer for an elderly relative, a school, a road mend, a bin collection, removal of trash from a pavement, a mended traffic light.............

 

less state intervention means wiping bottoms, treating illnesses, mending roads, educating children, emptying bins and mending traffic lights for yourself

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It isnt a tax. It is a reduction in the housing allowance paid to people occupying council houses that are too big for them.

 

It doesnt apply to people in private rentals or to owners. Seems a good idea to me.

wrong thread mate try to post in the one relevant to the discussion
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A tax on paper-based wealth is flawed and often not reflective of the real cash flow of the owner of the asset. The value could change every year (requiring constant re-assessments) and in a declining housing market the tax will earn less and less as prices fall overall - realistically that is where prices are going slowly but surely. It's not a tax for our times and it looks spiteful.

 

It's more gesture politics from the LibDems and Labour who really should be focusing on reforming the entire tax system, working out how to close loopholes, how to get corporations paying their fair share and explaining how they are going to use our taxes more effectively. A mansion tax does none of this. It just tinkers around the edges.

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A tax on paper-based wealth is flawed and often not reflective of the real cash flow of the owner of the asset. The value could change every year (requiring constant re-assessments) and in a declining housing market the tax will earn less and less as prices fall overall - realistically that is where prices are going slowly but surely. It's not a tax for our times and it looks spiteful.

 

It's more gesture politics from the LibDems and Labour who really should be focusing on reforming the entire tax system, working out how to close loopholes, how to get corporations paying their fair share and explaining how they are going to use our taxes more effectively. A mansion tax does none of this. It just tinkers around the edges.

 

Yes spot on.

 

but I'm guessing that you are bloody furious if a service you or yours expect is non existent or slow.

 

eg - a GP/hospital appointment, a bus or train, a carer for an elderly relative, a school, a road mend, a bin collection, removal of trash from a pavement, a mended traffic light.............

 

less state intervention means wiping bottoms, treating illnesses, mending roads, educating children, emptying bins and mending traffic lights for yourself

 

No, I care for my elderly parents myself, I do their shopping, help with their heating bills, do work around their house and when the time comes we'll move in with them to look after them.

 

Buses/trains were privatised years ago so not sure where you have been. Although I haven't caught a bus since I got my driving license.

 

I get healthcare through work so don't have to wait for appointments, my bins get collected once a fortnight because the council like to cut services before they cut out all the crap middle manager sitting on their arse all day.

Also pretty sure repairing roads is outsourced too.

 

maybe he should downsize and sell it to someone who can afford to pay this tax then it wont be his problem.

 

Why should he? He worked all his life to pay for it, now he should sell it just because a few champagne socialists have decided he is 'rich' when in reality he just gets by?

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Perhaps they should think for themselves instead?

 

of course they should, those that are able to

 

i don't think he was telling anyone what to think, i think he was presenting an argument as to why this specific policy ought to be considered in a positive way by the conservative party

 

maybe it gives them something to think about

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Lots, My dad bought his house in the early 70s for just under 50k, now worth over a million. He is retired, how can he afford tax on it? Dependent on where the 'mansion' level is set of course.

 

Who is going to value the houses every year? Why is this any different to Poll tax which was a great success of course.

 

The rich already pay way more.

 

See this

 

http://news.bbc.co.uk/2/hi/uk_news/magazine/8417205.stm

 

What would be good is to lower corporation tax but close all the loopholes.

 

That was a huge amount for a house in the early 70s, we paid £4.5k in the early 70s for our first, a three bedroomed bungalow. It was in a cheap area of Doncaster, but when we moved to a better area a few years later, we still paid under £8k. To put that into perspective, that house is probably worth about £150k now.

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