There is a flyer circulating around Kensington causing much wailing and gnashing of teeth amongst Labour and Lib Dem bigwigs. It's really something they wanted to keep quiet.....
The flyer suggests that if Labour won they would slap a tax on homes worth £2 million-plus with the flyer suggesting an additional £6,000 a year
This is such nonsense.....the true figure is probably likely to be considerably in excess of that...in fact more likely to be £18,000 a year.
This may not be in their manifestos but it's very much on their 'wish for' list.
George Monbiot is advising the Labour Party to replace Council Tax with what he calls a Progressive Property Tax: in other words, a tax based upon the value of your house or flat.
So if you are a little old lady like the Dame..... with a home she has owned for decades and worth a shade over £2 million you will have to move out or do a deal that the unpaid tax be added to your death tax.
The interesting thing about Labour and Lib Dem policies is that they are devoid of any encouragement to wealth creators; you know those horrid people who pay vast amounts of tax and employ millions.
Council Tax is about clearing the bins and sweeping the roads. It costs the same to collect the rubbish from a rich man as it does from a poor man. Envy of successful people has always been the hallmark of socialists and communists. And it seems the rot is spreading to increasingly sad LibDems.
ReplyDeleteA vote loser in the Royal Borough. Even "life by 20 votes" EDC is not stupid enough to peddle these silly ideas.
I can't stand Dent Coad's and Corbyn's Marxist ideas. To be fair, she spoke out against the Mansion Tax but would not dare to do so now because she is bound by collective responsibility.
DeleteJeremy and Emma will bleed you dry. When they reduce the rich to rubble, they will not have managed, with all their daft social engineering,
ReplyDelete" to provide the poor one bit of bread and cheese"
Edmund Burke. Irish Whig / Tory Politician and Anti-Slavery MP
It’s a wonderful post, thanks for sharing it.
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