Never!jamesedwards wrote: ↑Wed Nov 26, 2025 12:39 pmCan't believe she's still bleating on about the preceding Conservative government. It's been 18 months now. How much longer before Labour start taking responsibility for their own policies?
UK General Election 2029 - Trading ONLY thread
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firlandsfarm
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jamesedwards
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My main worry with this tax is fiscal creeping over the years. You can see governments changing the banding or extending the scope, meaning people will end up renting the house they bought from the government. Lots of houses, mine included, already pay two lots of council tax. Lots of people, especially those calling for taxes on bigger properties, don't know that.
Renting will become ever more difficult as the increased tax payable by landlords will push up rents and/or push many out of the game. The poor will suffer the most.Euler wrote: ↑Wed Nov 26, 2025 1:49 pm
My main worry with this tax is fiscal creeping over the years. You can see governments changing the banding or extending the scope, meaning people will end up renting the house they bought from the government. Lots of houses, mine included, already pay two lots of council tax. Lots of people, especially those calling for taxes on bigger properties, don't know that.
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jamesedwards
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That's also the problem with any wealth tax. 2% on £10m+ today becomes 5% on £10k+ tomorrow.Euler wrote: ↑Wed Nov 26, 2025 1:49 pm
My main worry with this tax is fiscal creeping over the years. You can see governments changing the banding or extending the scope, meaning people will end up renting the house they bought from the government. Lots of houses, mine included, already pay two lots of council tax. Lots of people, especially those calling for taxes on bigger properties, don't know that.
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firlandsfarm
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Renting does not bypass supply and demand economics. Landlords will only be able to increase rents to what the market will bear. I set my rents at a level that gets fast take-up. I could never see the point of leaving your property empty for a month just to gain an additional £50pm rent when it will take 20 months to recover the rent lost while seeking a new tenant!
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ForFolksSake
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Euler wrote: ↑Wed Nov 26, 2025 1:49 pm
My main worry with this tax is fiscal creeping over the years. You can see governments changing the banding or extending the scope, meaning people will end up renting the house they bought from the government. Lots of houses, mine included, already pay two lots of council tax. Lots of people, especially those calling for taxes on bigger properties, don't know that.
.meaning people will end up renting the house they bought from the government.
....that's what happens when you get 'Alzeimhers' and have to pay for social care £2k/week
