To be scared of Labours Land tax

[Dragongirl10]

Just read about this, Labour are proposing a Land Value Tax on any land owned, could cost thousands a year for anyone even with a small house, not just the rich....they have not publicised this at all.

People with modest homes could be forced to sell or go into debt, or be repossessed...

Australia uses LVT, so you probably wouldn't want to move there...

tiggy has it right

At the lower end of .85 my council tax will RISE

Not by a lot, probably not by much more than it would have anyway

And at that level i can see that its a bit more logical (to me)

But at a rate of 3% , which yes i know it isnt a definite, my council tax will go up to 7k

Orlantina - what do you pay in tax a month?

That's a bit rude Sionella. It doesn't matter how much tax someone pays. Also plenty of people don't pay income related taxes monthly but are still contributing to society. We all pay VAT, tax on our insurance premiums etc but I still don't see the relevance.

We get one vote each as it's a democracy and how much tax someone pays is irrelevant to the debate.

what do you pay in tax a month

I work for myself and am involved in the education sector. My business has been really hit hard by austerity.

I'd happily pay more if I thought it would go to the right places or that it wouldn't be a slippery slope. But i have zero faith that it would. All I've seen in the labour manifesto are pipe dreams and ways to make people pay more and more and more for what will turn out to be less and less. It assumes blithely that corporations and individuals will keep on doing that. And I just don't think they will. History shows us that.

Absolutely agree with this.

When Francois Hollande was elected and increased taxes for the top 5% many jumped ship and a lot ended up in London that's why its known the sixth biggest French city

Sionella rather obviously "all of Europe is out" because you object to paying higher tax and state intervention!
Although I do believe Bulgaria has very low taxes.

You could go to Dubai or any of the Gulf states, you won't have a warm glow but you would also not have any principles or a moral compass. Hey ho!

Not really, moving. It's usually the case that most people who shout, "tax the rich" really mean, "tax everyone richer than I am!"

Orlantina can sneer as much as she wants about people's "dream destinations" - the bottom line is, if high earners move there and pay taxes there instead of here, then businesses like hers will be even worse off in the long run.

I'm also not a fan of the austerity and the Tories. I will be voting LD this time around.

But mousse, that's not what I've said at all.

I object to higher taxes being pissed away on corbyn's unrealistic 1970's dinosaur daydream. If they are well spent then I am happy to pay them.

fullfact.org/economy/labours-land-value-tax-will-you-have-sell-your-garden/

Orlantina can sneer as much as she wants about people's "dream destinations" - the bottom line is, if high earners move there and pay taxes there instead of here, then businesses like hers will be even worse off in the long run

Or maybe - younger people will get the education they deserve, our economy will grow, taxes will improve as the economy grows and we have less social issues to deal with.

We aren't investing in education and have massive social issues - which comes at a cost to society.

Wouldn't it be better to live in a society where we invested so we help reduce the social issues in society?

Or 'is there no such thing as society' ?

I wish local government was more accountable. At the moment the second a local councillor is elected they turn gamekeeper. It is a lucrative position and from a position of good knowledge I would say that a large proportion of local councillors are not up to the job and invest hardly any time or interest in local affairs.

Councils close libraries because that is headline grabbing. Meanwhile, they continue to pay people very well to do stupid jobs which should not be in the council remit. I met a council "Obesity Officer". I asked her how she was going to tackle obesity in the city and she said that she first had to set up committees to devise protocols and so on. So I persisted and asked what ideas were on the table. No ideas. I'm sure a couple of years later they are still having meetings to decide who is on the committee.

Waste of money. Councils should stick to bins and street lighting.

I don't know if the tax the rich statement is true Sionella. It used to be the case that those on middle and low incomes paid proportionately more tax (even if income tax thresholds were higher).

I don't disagree that there is a limit to what you can expect people to pay. I also think the risks are greater with Brexit to some of our main industries like finance so we have to be careful and I'm with you that austerity isn't working.

However, that doesn't mean that what tax people pay personally now is relevant. You don't have any more or less sway per pound contributed. We need to look at this holistically and factually, not anecdotally.

Where I am it's a two horse race between Conservatives and Labour. I say that, but actually the seat has been Tory forever. Where I lived before it was between the Conservatives and LibDems so I voted for the latter. I have never voted Labour before but I am this time.

Orlantina - did that happen under Blair? Did it happen in the 70's? It won't happen. Socialist governments simply don't work.

Here is what I personally would do, if I could: keep tax rates for most people as they are. But come down heavily on huge companies like Cadbury who use current tax laws to evade their fair share. It's as simple as this - if you don't contribute, you can't sell your goods here. That wouldn't penalise small companies or put off entrepreneurs from starting here. Then I would have an utterly transparent raise from 40 to 45% on people earning over £100,000 that was capped for at least 5 years, so no more rises, and that would go primarily to education and the NHS. And I'd take into account partners. Because two married people on £90,000 each shouldn't pay less for their joint income than one person on £100,000.

At the same time, I would be hauling in experienced headmasters and asking THEM what to do with education. And I would be trimming a lot of bloated dead wood from the NHS and replacing it with investment into the frontline staff and facilities.

I would also make MP's salaries partly subject to performance. Stop the ones who don't bother to vote or who abuse expenses and reward the good ones!

LadyinCement local councils used to do things like, let me remember..... Oh that's right - employ youth workers! They would work in the community to help stop young people turning to crime or being radicalised. They would work with young people whose parents were poor role models to try to stop them committing acts of violence.
Really who needs that?

Sionella like you I am more than happy to pay more tax. Although as a public sector worker I haven't had a pay rise in so long I can't remember. That's a bit like paying tax to do a job that doesn't pay well because you want to help people. Am I virtue signaling yet? I'm really trying.

Incidentally the Lib Dems and Greens have also put LVT in their manifestos.

Ha! Not at all.

It's the fear of the incompetent and the self-serving that does it for me. And whilst I don't think corbyn is the latter, I fear greatly thay he is the former.

One thing we can all rejoice in though - blair's threatened comeback doesn't seem to be happening!

The reason why Abbott\Corbyn didnt remember\know the cost of extra policing\childcare was because it wasn't their money they were proposing to spend but ours the taxpayers.

My dcs are the same if they ask me to buy them something they wouldn't care how much it cost but if I said they had to pay it using their own pocket money they tend to know the cost of said item to the last penny and will look around for the best bargain then decide whether they really wanted it.

Labour love spending taxpayers money but are indifferent to whether its actually used effectively.

ChampagneSocialist1 this incompetent spendthrift attitude in the public sector, I wish someone would show me where it is.
As I sit - a highly trained professional (?) stuffing letters to parents in envelopes because we have no admin staff I often wonder to myself where is this money going. Many of the support workers we could refer troubled teens to - gone - were they being ineffectively used? I thought they were doing a good job.

I have worked as a supplier to both local and health authorities for the last 30 years. The waste would make you cry, the endless meetings about nothing very much, new meetings arranged, different people being briefed, months pass by and no one has made a decision.

Btw - can anyone name a left wing Labour government who were successful?

A PP stated that the reason that Labour are so bad with the figures is that its not their money. I do the same as Champagne with my children. Its funny how when its coming out of your pocket you suddenly start checking whether it is affordable.

As Margaret thatcher said: the problem with socialism is that you run out of other people's money.

I could name at least ten issues I've dealt with for councils where the tax payer has forked out to cover up incompetence. it's a shame as obviously a lot of the people who work there are hugely competent - as I am sure mousse is.

I'm sure there are people who think they can rely on Thatcher as an accurate and impartial political analyst.

Perhaps not very many.

I've just seen an article in the Evening Standard quoting Kezis Dugdaleon Labour plans to target Londoners (increased taxes,reduced investment) as key part of redistribution policy.

Orlantina - whatever you pay in UK tax a month
is a much higher proportion of your income than:

Viscount Rothermere (Boss of the Daily Mail)
Rupert Murdoch (boss of the Sun and the Times)
Richard Desmond (the Express)
The Barclay Bothers (the Telegraph)

Their companies don't pay any corporation tax either.

Between them they own 80% of UK media. Guess whose interests they have at heart?

Maybe we should be less generous to tax-dodging billionaires who run the Tory marketing department and provide carefully slanted propaganda intended to keep them sponging off the rest of us.