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The biggest problem in the UK is that we don't know if we want to be a European social democracy or the US when it comes to tax - and we are left with the worst parts of both. The US has a strong growth economy and incentives that has lead to high standards of living for the middle classes. Europe has high tax, but distributed fairly across different earners, and has lead to good public services and satisfaction for all. In the UK, we have an ultra-progressive tax with disproportionate burdens on high earners. But we have poor public services because that tax burden is not spread more fairly and is therefore limited. Meanwhile, high earners feel disincentivised to work and will suppress earnings to avoid tax traps. -
Why make it one property ? If own more that one property which together amount to over £2m then why should I escape this measure ? (I don't btw). -
By Cyclemonkey · Posted
May be we should hold a Go Fund Me for the poor unfortunate individuals suffering the indignity of being stuck in a £2M "small family home". -
I have lost my black Nokia phone. Somewhere in Ashbourne Grove towards the shops. If found please send a Whattsapp message on: 07983333412. Thank you
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