tag:blogger.com,1999:blog-1141932539860553199.post1352237355214867326..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: Good riposteMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger9125tag:blogger.com,1999:blog-1141932539860553199.post-74154714703778900852013-09-05T09:00:55.363+01:002013-09-05T09:00:55.363+01:00"Homeys have given the suggested tax the comp..."Homeys have given the suggested tax the completely inappropriate name "Mansion Tax" and are then pointing out that a lot of central London £2 million-plus homes are not "mansions"."<br /><br />I am not sure how the name "Mansion Tax" arose, but either it was coined by supporters of the tax in order to garner the support of the Envious, in which case it has backfired somewhat, or it was coined by detractors, precisely in order to make it look absurd, or, like the term "Nazi" it was coined by one lot and adopted by the other, pace Godwin.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-92021169852944106862013-09-04T23:44:16.443+01:002013-09-04T23:44:16.443+01:00Mark
You should also look at the repetitious colu...Mark<br /><br />You should also look at the repetitious columns by one Richard Dyson in the Telegraph - eg<br /><br />http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/10282881/Is-it-fair-that-property-investors-would-escape-mansion-tax.html<br /><br />it is almost as if he is an estate agent who profits from the frequent churning of residential properties.Graemehttps://www.blogger.com/profile/11007306140530173428noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-66156040735931042422013-09-04T22:12:59.102+01:002013-09-04T22:12:59.102+01:00BJ, exactly. Something else which really annoys me...BJ, exactly. Something else which really annoys me is that the Homeys have given the suggested tax the completely inappropriate name "Mansion Tax" and are then pointing out that a lot of central London £2 million-plus homes are not "mansions".<br /><br />Well of course they aren't. The actual tax can be more accurately described as, er, "a tax the excess of any home's value over and above £2 million".<br /><br />You might as well rename income tax as "sandwich tax" and then point out that it applies to all sorts of income and not sandwiches.<br /><br />RR, did you say that? When?Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-59456307976385183522013-09-04T21:40:05.147+01:002013-09-04T21:40:05.147+01:00As I may have said before, the main flaw with your...As I may have said before, the main flaw with your idea is that it is <b>too simple!</b>Radical Rodenthttps://www.blogger.com/profile/09098158811572687268noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-49157986704677551602013-09-04T21:19:56.738+01:002013-09-04T21:19:56.738+01:00The Knight Frank report was cut and pasted by most...The Knight Frank report was cut and pasted by most of the national papers. Who then regurgitated the black propaganda it contained.<br /><br />Because the average Mansion Tax bill would be £36,000, our PWiM who through no fault of her own, blah, blah.....forced out onto the street.<br /><br />In order to pay that bill, our PWiM who have to live in a property worth 5.6 million. <br /><br />Anyone living in a 5.6 million property is not poor, and 36 grand is loose change. Even for widows.<br /><br />But lets do a comparison with a real poor widow.<br /><br />Our poor widow is paying band A. On her £80,000 terrace house is the equivalent of a 1.1% property tax ie £850.<br /><br />"Poor" widow in "mansion" worth 2.1 million is paying the equivalent 0.12% on that which is £2536. With a Mansion Tax on top at 1% over 2 million that's £2536+100=£2636. Or 0.13%<br /><br />So, lets recap. Someone who is really poor, is paying nearly nine times as much as a % of their property value, as a multi-millionaire " poor" widow who is now paying the Mansion Tax.<br /><br />The poorest will always pay at least nine times as much as some who has to pay the Mansion Tax.benjhttps://www.blogger.com/profile/11544297406005346095noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-12305056458559654282013-09-04T21:14:04.913+01:002013-09-04T21:14:04.913+01:00This comment has been removed by the author.benjhttps://www.blogger.com/profile/11544297406005346095noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-60012754856921891652013-09-04T18:32:25.173+01:002013-09-04T18:32:25.173+01:00Lola, MSW is usually pro LVT, although she omits t...Lola, MSW is usually pro LVT, although she omits to mention it in this article. She's right, the "Mansion Tax" is a bad idea. Personally, I think it's been designed to be the worst form of LVT possible in order to give LVT a bad name, just like the Alternative Vote and voting reform.Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-73394269251433783102013-09-04T18:27:08.740+01:002013-09-04T18:27:08.740+01:00Wot no mention of the Poor Widow? What are articl...Wot no mention of the Poor Widow? What are articles attacking forms of LVT coming to?Bayardhttps://www.blogger.com/profile/15211150959757982948noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-66075320032222709162013-09-04T16:49:09.359+01:002013-09-04T16:49:09.359+01:00L, actually "twat" already is female, if...L, actually "twat" already is female, if you think about it.Anonymousnoreply@blogger.com