Can't afford the mansion tax?

[Bonzo77]

If the reason for the mansion tax was to 'equalise' things as far as this new era estate was concerned then it's school playground nonsense logic.

 

The fact is that no one particularly likes politicians or investment bankers, and this sounds like a 'two wrongs make a right' type scenario to win votes from people who aren't bright enough to see the bigger picture.

 

Someone who lives is a £2m+ property in London (other than politicians or InvBankers!!) are as likely to not like the two as much as the rest of the population. I think it was a LibDem idea, but Labour have said they like it, and to me this is nothing more than trying to punish people who make more money than the rest of society. It's nonsense left-wing policy and doesn't work.

 

I'm not rich (in fact the way poverty is worked out, I'm considered to be in poverty, which is absolute f'ing nonsense), but I can see the PoV from both, if I worked hard at a business and it succeeded, then I would feel like I was being punished if I was singled out for more tax. I'd just try and avoid it.

 

 

 

Bold: they probably could. And if the £100/month Sheffield tax occurred then I could probably afford it. I'd have to cut down on some things. I wouldn't think it was fair though unless I saw results from it, and the problem now is that we are trying to balance the budget, and that means they/or I would see no benefit, only loss.

 

Underlined: Very very bad economics though. It's like what I think what will happen with this, everything will be deferred debt, and borrowing against it. It's capitalism, but the worst part of capitalism.

 

PFI ring any bells? (country wise)

 

Do my old credit cards ring any bells? (personal wise)

 

I think you've hit the nail on the head