Labour Pledge To Raise Minimum Wage To Eight Pounds Per Hour

Inheritance tax is grossly unfair and a piece of piss to get round (for the ones it 'should' be aimed at)

A fairer way is the income tax system I outlined.

 

You've already given them the chance to be the best people they possibly can be. That'll stand them in fair better stead than any money they get later in life. And meanwhile they'd have benefited from the fall in house prices.

Most of my opinions are. This one's about as popular as my ones on Keith Hill though. I genuinely think it would be easier to sell an amnesty for Operation Yewtree suspects than an increase in inheritance tax.

 

Do you know something Andy, I can agree with a lot of that.

Trouble is I feel that most of the population would still do the hours and if not putting the money into property, buy the latest shiny BMW and stick it on the drive.

 

I'd start by ruining every ****er who doesn't pay what's due. Be it a Ltd conglomerate, single mum with 4 kids, white van man or jimmy Carr

Should add a bob or two in kitty.

 

Just as an example. Take two couples. Both doing well for themselves, earning the same amount of money. Both decide to buy a house. Couple 1 have saved a £7,000 deposit. Couple 2 have been given a £60,000 deposit from inheritance from a grandparent. Couple 1 buy a £140,000 house with a £133,000 mortgage. Couple 2 buy a £240,000 house with a £180,000 mortgage. So couple 1 have a £100,000 cheaper house with a £50,000 smaller mortagage BUT their mortgage payments are £200 a month more because Couple 2 could get better interest rates due to their deposit. And this disparity in payment and house value will follow both couple's throughout their lives.

That's not fair either, right?

 

The cost of a one bedroom apartment in Keswick ?

£212,000... that my friend is funded by southern money. Second properties for rental businesses. Possibly financed through equity released from gains made in the boom period.

The local economy is tourist based mainly therefore minimum wage. Good luck getting if you're a local trying to get on the property ladder !

There needs to be affordable housing built with local occupancy clauses or the youth will drain out of the area.

I know this is off topic but there you go !

 

Yep. That's where it falls down.

 

One name -

Philip Green

 

Starbucks

Vodafone

Gary Barlow

That fat **** from Leeds off radio

Google

'"Joe blogs (Guernsey) ltd"

 

Affordable housing it's all well and good if it's affordable.

Me n better half looked at some near Leeds

Still 80k for 50%....

 

That's a problem with the mortgage system then.

 

And I'd pass law that states a Buy to let mortgage has a fixed higher interest rate than the average mortgage on a sliding scale depending on how many properties you own.

Force rent down. Saturate housing market. Lower house prices.

 

Certainly doesn't help. Also the fact you literally pay nothing off for the first five years. Meaning people who haven't had a helping hand are trying to work their way upwards in to a family home without ever having increased their equity and therefore deposit.

 

But change that and you penalise people who have saved more through working hard and haven't had any other help.

You can't legislate for everything.

 

There's always 'help to buy'

 

That worked last year for my Son and his other half.

 

Did you check the small print...

 

I disagree. People are receiving that as additional income, they are the ones taxed on it, not those who had it in the first place.

 

But isn't the ability to save hard related to how much you earn and the rent you have to pay, so that's penalising those on lower wages. It kind of feeds the flawed view that hard work equates to high income.

 

Yes. I understand the ramifications in respect of time scale for payment, the end of the interest free period, the extra amount that would be payable on capital growth.

Seriously is there anything else that may be a problem ? Genuine question ?