Ubik
Nothing happens until something moves!
- Joined
- Jul 8, 2010
- Messages
- 19,413
Southampton was a strange example to use as well, given that both its MPs are Labour and will likely stay such (whilst improving their majorities) in a month's time.
The Tories did allow couples to combine their IHT allowances though, which was a major step forward.Apparently there is to be a special episode of Question Time involving all of the party leaders, will Cameron finally turn up for one of these events?
I don't know who "ordinary" people are precisely, but IHT is both clumsily implemented and a further raid by government upon those of varying wealth. Although when one considers what about Labour's other tax proposals. it should perhaps come as no surprise that its supporters approve of ham-fisted policy making. Taxes will have been incurred at the time of purchase, and then repeatedly throughout the lifespan of habitation, it's not been some freebie.
With the likelihood being that Ed Balls will increase the tax burden on hard working professionals, this could yet be a profitable line of approach as it was during Brown's premiership.
It si worth mentioning makr you, that Osboroe made a similar pledge prior to 2010. If once more the Tories are in coalition with the Lib Dems, a rise in the IHT threshold will suffer a similar fate. Easy electioneering as @Ubik points out though.
Have you actually got anything to indicate this swing to the right? The Tories look like they're on their way out despite the economy doing well, and that's the main thing people vote for. Because it really does seem like you're making things up.
Southampton was a strange example to use as well, given that both its MPs are Labour and will likely stay such (whilst improving their majorities) in a month's time.
Like all other things we do things opposite round here. Most of the damage here done be the labour govt. People are slowly but surely getting the sense that our left parties are shit.
As you say, the change is coming here too. Just Right in place of left just like driving.
you're crazy. 50-100 seats. You're in for a shock come next month.Ok, so your reasonable tone in this post gets you a reply. What would you classify UKIP as. Right? The rise of ukip from nothing bunch of loonies to proper political party about to get 50 to 100 seats is purely down to the labour blunders. Right is not just the tories as you seem to think.
I am not going to argue this on a leftie dominated forum so this is my last reply to you.
Try three seats.What would you classify UKIP as. Right? The rise of ukip from nothing bunch of loonies to proper political party about to get 50 to 100 seats is purely down to the labour blunders. Right is not just the tories as you seem to think.
The one thing the Tories have always done well is to paint inheritance tax as an attack on the hard work of "ordinary" people.
Where I currently reside in Essex it always comes up as a hot issue yet so few are actually affected but they've been led to think otherwise.
Obviously its an outrage that the inheritance of a parents property on which they've worked hard to enjoy the soaring property boom should be taxed.
Also, are you in Ashford or London for this vote?
Ok, so your reasonable tone in this post gets you a reply. What would you classify UKIP as. Right? The rise of ukip from nothing bunch of loonies to proper political party about to get 50 to 100 seats is purely down to the labour blunders. Right is not just the tories as you seem to think.
I am not going to argue this on a leftie dominated forum so this is my last reply to you.
I'd bet on most being from Southampton though.Read what I wrote. Did not say the town of Southampton, but their supporters who would likely come from anywhere between winchester to bournemouth. Just like Chelsea support coming from way norht in Essex to all the way down in Surrey.
Ashford is almost definitely worse, its one the safest seats in the country. Damien Green is campaigning round this area tomorrow.My vote's in London. Labour wins this seat by like 10k votes.
First time I am eligible to vote, but wont bother Should have kept on the Ashford roll.
I get the inherited privilege angle but that is the minority. Thousands of hard-working professionals are now being caught in the IHT net because of house price inflation.I've never got the outrage about IHT. It's a relatively small tax on very large sums of unearned wealth. It's basically the best sort of tax going. It reduces inherited privilege, encourages personal responsibility and discourages hoarding of wealth in favour of spending in the economy.
I have sympathy for the old folk who'll get caught up in the Mansion Tax because they bought a house a in the 50s or 60s in what's become a rich area. But their kids for having to pay tax on the multi-million pound property they're about to inherit? Nah, feck em. Pay up.I get the inherited privilege angle but that is the minority. Thousands of hard-working professionals are now being caught in the IHT net because of house price inflation.
So you get taxed all of your earning life and then again when you die. It stinks.
Once you're dead, you're not really being taxed are you? The people effectively being taxed are those who are benefiting from income they haven't earned. I don't see any issue with it.I get the inherited privilege angle but that is the minority. Thousands of hard-working professionals are now being caught in the IHT net because of house price inflation.
So you get taxed all of your earning life and then again when you die. It stinks.
Loads will get forced out of their homes cos they are on pensions. People forget places like Islington used to be shitholes back in the 70s.I have sympathy for the old folk who'll get caught up in the Mansion Tax because they bought a house a in the 50s or 60s in what's become a rich area. But their kids for having to pay tax on the multi-million pound property they're about to inherit? Nah, feck em. Pay up.
So parents can only pass on an arbitrary figure tax-free to their kids? Sounds fair and often means kids having to sell the family home to pay the tax.Once you're dead, you're not really being taxed are you? The people effectively being taxed are those who are benefiting from income they haven't earned. I don't see any issue with it.
That's how it should work.So parents can only pass on an arbitrary figure tax-free to their kids? Sounds fair and often means kids having to sell the family home to pay the tax.
And I do sympathise with those people, but they're still incredibly rich now so they'll be more than fine.Loads will get forced out of their homes cos they are on pensions. People forget places like Islington used to be shitholes back in the 70s.
It's based on their manifestos is it not?Oh, and i did that revised political compass thing.
I think they've gotten a tad carried away in their assessment of the other parties though, the discourse simply isn't that far to the right. Or at least i don't perceive it to be.
Nick - Slightly to the left of the SNP. I'd probably agree though, I'm two squares up from the very bottom left.Oh, and i did that revised political compass thing.
I think they've gotten a tad carried away in their assessment of the other parties though, the discourse simply isn't that far to the right. Or at least i don't perceive it to be.
I vaguely remember the Greens talking about taxing expensive gifts. Can't remember how expensive though. It does seem pointless though, as there's already VAT.Increasingly IHT has become a geographical tax, people on fairly modest salaries in the 90s are now being trawled by the government. Your standard semi-detached house, apartment, or two-bed cottage is in the same company as an oligarchs' latest investment.
Give it time and they'll be taxing birthday presents. I can't remember if it was the Greens or the Lib Dems who proposed that gem.
It's based on their manifestos is it not?
Nick - Slightly to the left of the SNP. I'd probably agree though, I'm two squares up from the very bottom left.
I am not going to argue this on a leftie dominated forum so this is my last reply to you.
Try three seats.
I get the inherited privilege angle but that is the minority. Thousands of hard-working professionals are now being caught in the IHT net because of house price inflation.
So you get taxed all of your earning life and then again when you die. It stinks.
Giving a bit back? I'm a higher rate taxpayer, a homeowner in a high council tax bracket and generally use private healthcare. I contribute far more than most and don't see why the government should grab a chunk of whatever assets I have left on my death.Well no they're not as they're deceased. Secondly, if you're being caught in the IHT net because of house price inflation then that's very much unearned wealth that they've benefitted from, taking back a small portion of that before its passed onto what are likely adults in the top range of income earners anyway doesn't stink.
Its nothing more than securing the votes of the Tory base and a desperate measure
Large gifts can already be taxed under iht if people die within 7 years of the gift... For example parents giving a large house deposit.I vaguely remember the Greens talking about taxing expensive gifts. Can't remember how expensive though. It does seem pointless though, as there's already VAT.
They're asset rich can be cash poor. Bet you railed against old folk being kicked out of their houses cos of the so-called bedroom tax. As nick said, it's another geographic tax fleecing the SE.And I do sympathise with those people, but they're still incredibly rich now so they'll be more than fine.
The joys of discounted gift trusts etc...the financial planning certificate is a bit of a hazy memory for me these days.Large gifts can already be taxed under iht if people die within 7 years of the gift... For example parents giving a large house deposit.
When I worked as an ifa I always used bypass trusts and pretty much mitigated any iht... All legal (avoidance rather than evasion)
Asset rich and cash poor is still rich. People who can't afford the bedroom tax on the other hand don't really have many financial choices.They're asset rich can be cash poor. Bet you railed against old folk being kicked out of their houses cos of the so-called bedroom tax. As nick said, it's another geographic tax fleecing the SE.
I did that test and ended up in a similar spot, as everyone whose posted their results here has.Oh, and i did that revised political compass thing.
I think they've gotten a tad carried away in their assessment of the other parties though, the discourse simply isn't that far to the right. Or at least i don't perceive it to be.
The gay questions would probably move you toward libertarian rather than left wing, which (I would hope) they're only using to measure how you want the budget to be run.I did that test and ended up in a similar spot, as everyone whose posted their results here has.
The questions are so skewed. There was one about being pro/anti gay rights iirc. Presumably saying anti made you right wing, overlooking the fact Cameron brought in gay marriage, even though some in his party opposed it.
Even Hitler would come out bottom left if he took that test.
The majority of the (non-abstaining) parliamentary party opposed it, to be more precise.I did that test and ended up in a similar spot, as everyone whose posted their results here has.
The questions are so skewed. There was one about being pro/anti gay rights iirc. Presumably saying anti made you right wing, overlooking the fact Cameron brought in gay marriage, even though some in his party opposed it.
Even Hitler would come out bottom left if he took that test.
Yes and no. Property isn't a liquid asset so useless when it comes to immediate expenses.Asset rich and cash poor is still rich. People who can't afford the bedroom tax on the other hand don't really have many financial choices.