tag:blogger.com,1999:blog-1141932539860553199.post1002045899967182360..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Killer Arguments Against LVT, Not (307)Mark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-1141932539860553199.post-53044904259838960772013-10-29T17:50:10.799+00:002013-10-29T17:50:10.799+00:00"As it happens, there are dwindling few of su..."As it happens, there are dwindling few of such people" <br /><br />I'm convinced there are already none left, for the reason that the Daily Mail has yet to produce one.<br /><br />"and it seems idiotic to design a whole tax system around the specific situation of a few marginal cases while making the vast majority considerably worse off."<br /><br />But it makes sense for the powerful few who are, as well as the mythical PWIMs, also vastly better off under such a tax system. The PWIMs are just the (un)human shield.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-68426111500936511342013-10-29T17:11:12.646+00:002013-10-29T17:11:12.646+00:00These american examples are good armour in debates...These american examples are good armour in debates I´ve experienced. It always produce grumbling among the right-wing fans of traditional US capitalism to point out that the US was built on relatively high taxes on land, and that the most successfull states currently are still on this path. Kjhttps://www.blogger.com/profile/13530243002915410700noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-14153292308525281212013-10-29T15:53:10.735+00:002013-10-29T15:53:10.735+00:00M, nice one.
And as you have said elsewhere, comm...M, nice one.<br /><br />And as you have said elsewhere, common sense tells us that only one household can occupy one house. If we subsidise PWIMs, we get PWIMs. If we slap them with Domestic Rates or LVT or Mansion Tax, some of the PWIMs move out and who is most likely to move in?<br /><br />A wealthy foreigner who pays out of petty cash or a Captain Of Industry who can haggle the purchase price down to compensate for the higher tax.Mark Wadsworthhttp://markwadsworth.blogspot.co.uknoreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-85392726423348303492013-10-29T15:48:06.872+00:002013-10-29T15:48:06.872+00:00Michael Bloomberg is a 'captain of industry...Michael Bloomberg is a 'captain of industry' and he voluntarily pays over $100k per year in property tax in NYC on his main residence (source: http://webapps.nyc.gov:8084/CICS/fin1/find001i, search for 17 East 79th Street). Goodness knows how much more he voluntarily pays on the rest of his jeroboam of properties as well.mombershttps://www.blogger.com/profile/09650866436764567516noreply@blogger.com