Good time to bug your MP

[Mich the Tester]

If you're so desperate for figures there is actually an app where you can enter in your postcode, your house area and how much tax you want it to raise and you can indeed find out how much tax your house would be due.

Mark Wadsworth: Design your own LVT system

That's brilliant; you should send that to George Osborne. I'm sure he'll be grateful.

[sasguru]

I don't know - I like the current system.
I've got 2 paid-off properties and am a member of the rentier class.
There have always been people throughout history who would change that but they never have and never will.

[Mich the Tester]

I don't know - I like the current system.
I've got 2 paid-off properties and am a member of the rentier class.
There have always been people throughout history who would change that but they never have and never will.

So you don't like the chance to earn a quick buck from buying my farmland and selling it back to me for one pound more? Or make it four pounds more; that might get you a pint in London.

[Robinho]

Oh well, i will retire in the knowledge that you're either too thick to understand the benefits or you secretly know it's a good idea and you're too ashamed to admit it.

[Mich the Tester]

Oh well, i will retire in the knowledge that you're either too thick to understand the benefits or you secretly know it's a good idea and you're too ashamed to admit it.

[speling bee]

I would personally suggest all of it, or 95% at least if you want to keep tax on cigs and beer or something.

The intent would be for it to replace tax on productive activity like income, vat, corp tax etc.

100%?

So the oil and gas would be given away?

[Robinho]

100%?

So the oil and gas would be given away?

You could add oil/carbon taxes as well if you like, as i said, getting rid of taxes on productivity are the most important taxes too lose.

[speling bee]

You could add oil/carbon taxes as well if you like, as i said, getting rid of taxes on productivity are the most important taxes too lose.

But what would you like? It was 100%. Do you want royalties on oil and gas extraction? Anything else?

[Robinho]

But what would you like? It was 100%. Do you want royalties on oil and gas extraction? Anything else?

Well if the oil was land based then the value of that land would be worth quite a bit, and a lot of tax would be levied. You could apply the same principal to the sea bed in UK economic waters.

[sasguru]

Oh well, i will retire poor in the knowledge that you're either too thick to understand the benefits or you secretly know it's a good idea and you're too ashamed to admit it.

ftfy