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Topic: Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking
Posted by: Lorne Gifford
Date/Time: 07/06/18 17:09:00

Hi Chris

I think we're talking about very similar things from a similar point of view. but using different analogies and text that is confusing each other.

NI increases are not OK, they're just a way of promising 'we won't increase income tax rates' and then increasing the other income, but not called income, tax we all pay; NI. Don't remember who introduced the idea, but believe it might have been the scotsman who also sold all our gold reserves because he'd stopped boom and bust cycles.

Mansion tax is an example of a proposal for a new tax that would be paid by a few, but was supported my the vast majority. It was planned as 1% of house value per year, hence 30k a year for a reasonably nice house. House value would of course have instantly crashed to just below the mansion tax level, so no revenue would have been raised.

On overall tax take you need to consider all forms of tax income. Stamp-duty and various other taxes make a heck of a difference to the revenue take. Average time between buying and selling a home I believe is in the region of 5 to 8 years, so stamp duty is something people pay time and again, with perhaps 20% of home owners paying it in any one year.

Slower growth due to uncertainty and unwillingness to invest, plus the fist signs of quantitative easing inflation showing up.

Agree deficit is being closed, if I were a synic I'd suggest that many Conservative governments spent their term in office sorting out the economic imprudence of the previous Labour one, which leads to the Labour opposition shouting about cutting this that and the other, getting voted back in and then spending money they don't have again.


Entire Thread
TopicDate PostedPosted By
West Middx Hospital Parking06/06/18 11:10:00 Eric Dicker
   Re:West Middx Hospital Parking06/06/18 12:28:00 Christopher Gillie
      Re:Re:West Middx Hospital Parking06/06/18 14:13:00 Lorne Gifford
         Re:Re:Re:West Middx Hospital Parking07/06/18 00:53:00 Christopher Gillie
         Re:Re:Re:West Middx Hospital Parking06/06/18 22:24:00 Sarah Spain
            Re:Re:Re:Re:West Middx Hospital Parking07/06/18 09:04:00 Lorne Gifford
               Re:Re:Re:Re:Re:West Middx Hospital Parking07/06/18 09:30:00 Lorne Gifford
                  Re:Re:Re:Re:Re:Re:West Middx Hospital Parking07/06/18 11:04:00 Christopher Gillie
                     Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking07/06/18 15:12:00 Peter Evans
                        Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking07/06/18 17:09:00 Lorne Gifford
                           Re:West Middx Hospital Parking07/06/18 22:16:00 Philippa Bond
                              Re:Re:West Middx Hospital Parking08/06/18 11:18:00 Emma Renton
                        Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking07/06/18 22:33:00 Christopher Gillie
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking08/06/18 12:01:00 Jennifer Selig
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking08/06/18 12:36:00 Christopher Gillie
                           Re:Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking08/06/18 15:56:00 Lorne Gifford
                              Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:West Middx Hospital Parking08/06/18 16:47:00 Christopher Gillie
                                 Re:West Middx Hospital Parking08/06/18 23:09:00 Philippa Bond
                                    Re:Re:West Middx Hospital Parking09/06/18 00:01:00 Christopher Gillie
   Re:West Middx Hospital Parking09/06/18 22:00:00 Susan Kelly

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