Tuesday, 30 September 2014

Johnson takes aim.

 "Boris Johnson takes aim at Miliband and the mansion tax at Tory conference"

From today's Evening Standard

Mr Johnson made housing the centre of his speech, in particular laying into Labour’s plans for a mansion tax on homes worth more than £2 million.

He said: “What is the real answer to our housing problem? To put a new tax on housing, hammering those who find themselves living in a property whose value inflates through no fault of their own, punishing those who have worked hard for years to pay their mortgages and those who hope to pass something on to their children?


[Actually, simple calculations, real life examples or a little logic shows property taxes do indeed make housing more affordable.]

Boris says it's not the fault of homeowners that property values have risen, then he says they are due the full capital gains increase from rising house prices because of their hard work!

Make up you mind, you thick twat. It can't be both can it?

6 comments:

Mark Wadsworth said...

"Boris says it's not the fault of homeowners that property values have risen, then he says they are due the full capital gains increase from rising house prices because of their hard work!"

Classic stuff, two classic KLNs covered on the KLN blog

"Landowners create land values through hard work so should be allowed to keep them" and "Land values are entirely outside the influence of landowners so unfair to tax them".

(why a tax on proper work is OK but not a tax on land value gains, whether earned or unearned isn't Ok was never made clear to me).

Either way, the "hard working" bit is also complete bollocks. Is he saying that people Up North or in Wales who only made a £100,000 capital gain didn't work as hard to pay off the mortgage as people in London who made a £1 million capital gain?

Bayard said...

"a property whose value inflates through no fault of their own"

OK, Boris, how about this: you can declare the value of your house to be less than £2M, if it was worth less than £2M before "inflation". You don't have to pay any mansion tax, but anything above £2M you get on selling it goes to the government. Simple.

Lola said...

By no means is NJ 'thick'. Crafty yes. Thick no.

paulc156 said...

Yep. Not thick just in thrall to his constituency, big finance, his route to nirvana after he's done with politics.

Rich Tee said...

Yet again, I find myself feeling glad I didn't vote for them in 2010.

DBC Reed said...

BJ is thick.The whole lot of them are thick.