Originally posted by WTFH
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Previously on "Oh dear - wages go up and signing bonuses."
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Originally posted by vetran View Post
now we just give first time buyers cash so house prices go up and those nice housebuilders get more.
I did appreciate the whole £17 a month I got off my mortgage.
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Originally posted by WTFH View Post
Much of the "inheritance" for people I know is from the increase in value of property.
That wealth has not been taxed already, and if you're vet's age, or older, it was bought on a mortgage with MIRAS, so there was less tax paid.
I did appreciate the whole £17 a month I got off my mortgage.
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Originally posted by vetran View Post
You want other people to pay so you can sit on your arse - that is called communism
In practice, if you were not in work or school, the Police would literally pick you up from the street and take you to the nearest factory, whether you liked it or not.
The people who think Communism is sitting on your ass doing nothing would be in for a rude awakening.
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Originally posted by Whorty View Post
I'd argue we should scrap inheritance tax. The wealth has already been taxed once, why should it be taxed again and at such a high % (after exemptions)?
There should certainly be exemptions for 'common law*' partners
* inheritance tax forces people to get married as they get to end-of-life even if they don't really want to. That feels wrong in this day and age.
That wealth has not been taxed already, and if you're vet's age, or older, it was bought on a mortgage with MIRAS, so there was less tax paid.
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"Shop prices rise amid driver shortages and Brexit red tape
Retail data shows 0.4% month-on-month increase in August, with 0.6% rise in non-food
UK shop prices rose last month, according to the latest data from the British Retail Consortium, in a sign that driver shortages and the costs of Brexit-induced red tape are beginning to hit household budgets.
The latest figures from the BRC and research group NielsenIQ reveal a 0.4% month-on-month rise in August. This was driven by a 0.6% rise in non-food prices, including a sharp increase in the cost of electrical goods caused by shortages of micro-chips and shipping problems.
While British shop prices remain below those in 2020, down 0.8% in August compared with the same month a year earlier, that marked a slowdown in deflation from the 1.2% year-on-year fall recorded in July."
https://www.theguardian.com/business...rexit-red-tape
Taxpayers will just have to pay more money to fund all sort of tulip linked to inflation.
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Originally posted by vetran View Post
No but their industrious ancestors should be able to dispose of their wealth how they want after inheritance tax.
envy Politics strong of in this one are...
There should certainly be exemptions for 'common law*' partners
* inheritance tax forces people to get married as they get to end-of-life even if they don't really want to. That feels wrong in this day and age.
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Originally posted by WTFH View Post
That is the landed gentry argument all the time - if you go grouse shooting on an estate, you generate income for the community. Except you only generate money for the estate owner and their staff. ..
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Originally posted by Gibbon View Post
As has been historically, the 14th century black plague put paid to serfdom, the 17th plague (and overseas plundering) started the seeds of the industrial revolution. We had our chance with coronavirus but bottled it with vaccines!
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Originally posted by vetran View Post
The fact they ae offering it is significant.
All the time labour is short then employee rights grow.
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Originally posted by WTFH View Post
That is the landed gentry argument all the time - if you go grouse shooting on an estate, you generate income for the community. Except you only generate money for the estate owner and their staff.
It's the same argument that's used for big game hunting. It brings money to the owner and then indirectly to their staff, but it is not giving much income to the local community.
The rich people don't tend to do farms its a lot of work and risk.
The biggest house was owned by an Arab.
Our local lady lived in a terraced cottage.
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Originally posted by GigiBronz View Post
people should be allowed to live without work. if we've gained something through advancements in society is automation in most of the work environments.
you can get to feed 1000's of people with a factory run by 50 people.
You want other people to pay so you can sit on your arse - that is called communism but that usually means only the top 1% of the most brutal have a life of leisure the rest end up in tractor factories and Gulags.
No you feed the factory with lots of fields and water, the factory then converts that to processed food. You could do Hydro or aquaponics and use less land but it still requires someone to brave enough to turn it into a business to make obscene amounts of money so they can buy a massive country house to lord it over the peasants down in the outback (Devon) and then give it to their descendants to buy tweed and cocaine.
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Originally posted by WTFH View Post
That is the landed gentry argument all the time - if you go grouse shooting on an estate, you generate income for the community. Except you only generate money for the estate owner and their staff.
It's the same argument that's used for big game hunting. It brings money to the owner and then indirectly to their staff, but it is not giving much income to the local community.
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Originally posted by WTFH View Post
Would "bone-idle shirkers" include those who live off the family inheritance in their manor houses, or just "make money" but not anything of real value?
envy Politics strong of in this one are...Last edited by vetran; 25 August 2021, 16:15.
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From 2019: "The top 1% of earners in the UK now account for more than a third of income tax paid to the government, following changes over the past decade that have left almost half the population exempt from making payments."
It was the Tories who raised the income Tax threshold from £6000 to over £12000 a year.
It was Thatcher and Major who cut the basic rate of income tax from 33% to 23%.
Labour under Blair and Brown did fook all for the hard working class man, they prefered to hand to out benefits to Lazy scroungers.Last edited by Fraidycat; 25 August 2021, 15:11.
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