Is there somewhere I can donate to these poor asset rich cash poor people?
My parents are pushing 70 and still live in the 5 bedroom house they raised 4 kids in. We've been trying to get them to downsize for about 15 years
(, Thu 1 Jun 2017, 7:44, Reply)
Fuck that.
When my brood leave home any unused room is going to be used for my own amusement. Workshop, games room, gym...
Can't wait.
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Cerebus Sticky! Sticky! Stick! Stick!, Thu 1 Jun 2017, 9:33,
Reply)
If we tax the land value high enough they will be forced to live in somewhere like Gorton.
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Draconacticus Reject shampoo. Demand real poo!, Thu 1 Jun 2017, 11:04,
Reply)
they're already taxed on the value of their home
I cant see how this is much different in principle apart from they want to make the system more progressive ie increase the difference between what people pay in the highest band and what they pay in the lowest band.
(, Thu 1 Jun 2017, 11:19, Reply)
Do it on income then.
I can't see how it could be fairer than that?
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Draconacticus Reject shampoo. Demand real poo!, Thu 1 Jun 2017, 11:30,
Reply)
because a lot of very wealthy people are quite good at hiding their incomes, it's much harder to hide your land holdings
Others live abroad - so arent subject to UK income tax - but own huge estates here
(, Thu 1 Jun 2017, 11:42, Reply)
And some people that own valuable land like farmers are already under pressure.
Perhaps we should ban non-doms from owning UK property like a lot of other countries do.
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Draconacticus Reject shampoo. Demand real poo!, Thu 1 Jun 2017, 11:54,
Reply)
So it makes sense to tax, AGAIN, the stuff you've already taxed,
of people who have reached an age where they're unable to work any more.
Because the people who you're gonna actually effect with such a tax are mainly 70yos with a quite nice house who have already paid shed loads of tax over the years, but who you want to tax because they're TECHNICALLY millionaires because the house they bought for $80,000 40 years ago is in an area where prices have now become sky high.
No extra tax for someone with an actually nice 6 bedroom house in Sheffield, but you appear to want fuck over the person with the tiny 3 bedroom mansion in central London.
(, Thu 1 Jun 2017, 12:11, Reply)
spare me from the 'through no fault of my own I've found myself sitting in a house worth millions of pounds' people
Perhaps if they'd thought about the consequences of rampant house price inflation - rather than just the warm feeling of getting richer by doing fuck all - they'd have been a bit more vocal about it during the boom. The silly cunts
(, Thu 1 Jun 2017, 12:19, Reply)
How about people who own village commons and tender them as an amenity for the local community to enjoy?
They get no income from it, can't build house on it, but we should tax the fuck out of them nonetheless?
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Draconacticus Reject shampoo. Demand real poo!, Thu 1 Jun 2017, 12:45,
Reply)
it's easy to pop in some exemptions or breaks for productive agricultural land or village commons or whatever
Just as there are exemptions for students and benefit claimants in the current system
(, Thu 1 Jun 2017, 12:49, Reply)
How about an orchard that has a public right of way across it?
Do you tax the orchard minus the area the path occupies? If my dad picks up a dog turd that isn't on the path does it become tax deductible?
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Draconacticus Reject shampoo. Demand real poo!, Thu 1 Jun 2017, 12:55,
Reply)
You know what those people were doing?
They were living their lives, raising families, going to jobs. House prices are irrelevant when what you want to do is exist in a house that you already own and build a life there.
Clearly they are despicable people deserving to be punished for so cruelly buying a house in a cunning ploy to make houses far to expensive for everyone else 40 years later.
What cunts!
They should have spent 40 years impoverishing themselves by paying rent that they needn't, or should have fucked off to the arse-end of nowhere where they don't know anyone, like all people of good conscience.
(, Thu 1 Jun 2017, 13:23, Reply)
Every garden should be owned by the state.
Then you can be put on a waiting list to get it back as an allotment.
Fuck the capitalists and their rhododendrons.
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Draconacticus Reject shampoo. Demand real poo!, Thu 1 Jun 2017, 13:34,
Reply)
house prices are not irrelevant when you want to believe you're getting spontaneously wealthier
And this situation is sustainable forever with no effort. Ludicrous
(, Thu 1 Jun 2017, 14:27, Reply)
My house has risen in value by 64% in 5 years.
And we're getting a rail link to oxford and cambridge in a few years so that will increase it further nicely.
Just putting that out there to annoy you.
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Cerebus Sticky! Sticky! Stick! Stick!, Thu 1 Jun 2017, 15:34,
Reply)
You do realise
you're now socially obligated to give it to the state and spend the rest of your life shivering in a ditch?
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evil_andy Stick stick stick stick sticky sticky stick stick, Thu 1 Jun 2017, 16:08,
Reply)
House prices are only relevant if you sell the house.
If you've just lived in it for 50 years, and you intend to die in it, the price is completely irrelevant. But you're saying that such people are cunts, and your reasoning is that they've intentionally lived there so that the prices go up?
That's a demented thing to believe, unless your driven entirely by selfishness and envy, in which case its an entirely logical worldview.
In 50 years, the return on a house that you have been living in in basically fuck all; if they were investing for profit, they could have found something much more lucrative. But clearly, all those people with absurdly overpriced houses intentionally did this to fuck you over benny. You're right... they are cunts!
(, Thu 1 Jun 2017, 17:00, Reply)
no they arent, people want to believe they're building up a nest egg in their houses for their kids
When all they've done is pay off the mortgage and the price has gone up.
Mostly they havent questioned whether this is a wise or a sustainable thing to do because they thought they were getting richer. They saw all the council houses being sold off and house building plummet and they didnt bat an eyelid because they thought they were getting richer. And they've consistently voted for parties that have upheld these conditions because they thought they were getting richer.
And now they're moaning that their kids cant get on the property ladder. Well duh
(, Thu 1 Jun 2017, 17:16, Reply)
And that's everyone who owns a house is it?
Why aren't you angry about foreign investors buying property which they leave empty? You know the tax will be almost nothing to them right?
Why not be angry at the buy-to-let landlords? You know that land tax won't affect them right, it'll just be priced into the rent they charge.
So who is left? Ordinary people who buy and then live in houses. Why do you hate simple people who simply own a house?
(, Thu 1 Jun 2017, 17:51, Reply)