I used to get accussed of being Grendel by some posters on here, it was pretty offensive considering his taste in music.
I am also doing OK, much more so than I was when I started in the profession. Doesn’t mean that I have forgotten how it was
So did McDonnell say he is looking at doing it? How about keeping to the truth? We vote in Labour. House prices go up. We vote in the Tories. House prices go up. That is inflation for you. And to burst your bubble....We were told that house prices would crash if we voted leave. We voted leave. House prices continued to go up. Yet it is still our fault. My generation has good jobs and good pensions? Brown killed off final salary pensions pensions in 2001. I have a good pension because I don't waste my money renting a new car every 3 years. I don't have to have the latest technology every time something new comes out. I don't spend thousands on holidays each year. Instead my money goes into my pension. Brown and Bliar shafted you. And the funny thing is I see it happening again if Labour get in. But I am whatever you call me for being worried. I fell for it last time. Not falling for it again.
Are you saying that I have forgotten? I had it really hard. That is why I don't waste my money now. Then we get Shhhmmee saying how easy we had it. Unbelievable. My eldest kid is 34 youngest is 9. I don't need telling anything. I have seen the changes. You would think with tour comment here that it is never who wants tax to be raised off the poorer of our population and not yourself.
When you said we shouldn’t tax inheritance because people need it to buy houses. Seriously if this many people misunderstand you maybe put some effort into explaining your thoughts better. Why do you think IHT is a bad tax?
Stop taking everything personally. One of two things can be true here: 1) The millions of young people saying there’s an issue and supported by economic indicators are wrong and a bunch of whiny snowflakes 2) There genuinely is a problem You seem to be on the side of 1
Fucking hell. We are talking about breaking from the neoliberal policies that all parties have had since the 70s. This isn’t about personalities. Are you seriously telling me education wasn’t free in your generation? Or that the house price to income ratio wasn’t far lower? Or that on average pensions were better? Because you’d be wrong on all three cases. This isn’t even up for dispute. Stop waffling about Blair and Brown when you are arguing against Corbyn, who the entire point of is a complete break from those two. Labour members agree with you, they didn’t fix what was wrong. That’s why they voted Corbyn in and now all you can say is “what about Blair and Brown”. Blair and Brown did a lot of good. Their brand of neoliberal economics is better than the Tories version, but both fail to solve underlying issues with the economy.
I said help to buy a house and also to secure futures. I also said this would help to keep many off relying on the state in older life and not be a burden. Where as with you..... hard to buy a house these days without a deposit. But why should they get a deposit.....And ignore the rest. And it is me that supposedly doesn't listen.
People think Johnson is unfit for office for a well raft of reasons as you well know. His off the scale dishonesty, his disastrous tenure at the foreign office, his naked ambition over what is right for the country, numerous scandals, wasting public money on projects that never get off the ground, that's just off the top of my head. As for is Abbott fit as a cabinet member, I don't think she is personally, but I'd say the same about the vast majority of the current cabinet.
What about wages as a percentage of house values? What about deposits as a percentage of earnings? You had it a lot better than current first time buyers.
That is your take on things. I don't want another long lasting tax burden put onto the working class. As I keep saying it won't affect the rich. It is a Labour idea so it seems OK with you. But that isn't what the Labour party is supposed to be about. That is why I make comparisons to the last Labour government. But it doesn't matter. You know your pension got shafted by them but but but.
It’s a classic vote loser for any party. It’s a hated tax and any party reducing the ceiling would be trounced it’s a lazy spiteful measure which would add peanuts to the treasury anyway
Where do I start here? Full of information you know is twisted. House prices? Just as affordable as now. Have shown you the evidence enough times. We had high interest rates. You have record low interest rates. Brown and Bliar did a lot of good? Let's forget about the bad eh? Taken to war on a lie. Still feeling the after effects and will do for many years. Pensions decimated. Yet you try to ignore how they were decimated and just state that my generation had it better. This is also false. That happened nearly 20 years ago. So in other words most of my working life. They were Tories n disguise. That has also been provenon here. Bliar speeded up privatisation of the NHS. Yet you choose to also ignore this. I could go on. But to you they did a good job. They are Labour.
It would raise a lot of money off the poorer of our population. But it would do long term damage to Labour like Bliar and Brown did last time. It is a tax grab that the Tories wouldn't dare do. But once done they wouldn't reverse it. Why would they? It wouldn't be their fault.
It would raise very little - currently it raises about £5 billion and that’s of top end earners - it wouldn’t even double the current intake
Yeah. Tbf there’s been a lot of people saying any kind of remain lacy isn’t going to work without labour involved. Sent from my iPhone using Tapatalk
95% of the population have less than the present £475,000. But nearly everyone who owns their own home will be over the £125,000 proposed. And that is without savings and the rest. Home ownership is at about 65% presently. But the older you get the more own their own home. So the tax would change from just 5% which is the richest to the majority.
What if it was lowered to a value somewhere in the middle of the two? Sent from my iPhone using Tapatalk
That’s including the property allowance - I’ve just looked at the Labour Party proposal - or the report it’s based on and it is projected to raise a grand total of £6 billion extra revenue so it is just double what is currently earned and based off a projected rise of the base The proposal also isn’t lowering the threshold but actually having a lifetime gift allowance and applying an income tax on any element above that - so it then depends on your beneficiaries tax band It’s the most stupid idea I have ever seen
What? You’re the one saying the deposit should come from having parents rich enough to have built up capital. I want it to be down to hard work and ability to earn a decent wage.
Interest rates were high for a short period. Wages to price ratio was low for far far longer. As people keep telling you, the issue is the deposit required to buy a house with prices as they are. Combined with low wages it means people can’t get on the ladder. You keep stating blatant falsehoods despite being pulled up on it. I’ve repeatedly said I didn’t like Blair’s privatisation agenda, you liked the fricken post so you clearly read it!
An article in the guardian shows statistics that say average income to mortgage rates have hardly altered for 25 years - keep digging
