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There is nothing in the budget to promote growth, which is what we desperately need. The wealthiest pay more already, with the higher rate tax. I’m sure they can afford £7.5k but we need to encourage successful people and business to invest and stay in the country. -
I went to a girls' public day school in the fifties and sixties. The first school rule was "courtesy and consideration to others are expected at all times". There was quite a high number of Jewish girls, both in the junior and senior school. I don't recall a single incident of anti-Semitism. Is this something confined to boys' schools, or was my school unusual? -
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).
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