Where is the money going to come from to meet the UK people expectations?

[Pandersmum]

So assuming that:

• everyone who receives disability benefits needs them and may actually believe they should be entitled to more
• pensioner benefits are non negotiable and again many believe they should be greater than current
• working people (most) believe they are already taxed highly and believe they cannot be taxed any more without further impact to their feeling of unfairness and resentment of the system
• it is unreasonable to expect young people with ADHD or other similar ND disorders / mental health challenges to work, even if they have qualifications and therefore they must be financially supported by the state
• Mental health challenges are very real in any age of person and therefore they must be financially supported by the state and if in work, by their employers
• rent (whatever level) should be supported by the state because it is a basic right to have a home
• NHS treatment (& the best treatment) should be free be all, no matter how expensive it is or whatever their age because people pay their taxes
• businesses are businesses and are there to make profits for their owners - therefore they can choose which country they operate in / pay their taxes in - if they don’t like the UK tax system, they can move somewhere else
• ’in work benefits’ are necessary to support ‘low paid workers, often in essential jobs’ to gain similar amounts of financial remuneration to those on benefits
• high net worth individuals can move if they don’t like the UK tax system

So just where is the money going to come from to fund the UK population of financial expectation of what the state should provide?

Landlords take everything they can get their hands on, then when they've bled you dry they chuck you out and replace you with another mug who they can rinse for even more money - that's how the private rental market in this country works.

LOL you are using a website from a group of left wing activists who exist to advocate for high taxation. You must have had to look pretty hard for anything that supports your view. Try again, come back with two credible sources and I’ll take you seriously .

And you are using one right wing report spread widely by a bunch of rich people wanting to sell foreign travel to the super rich. Same.

Definitely one for the feminism board! X

Like I said, come back with two credible sources (you won’t be able to).

For complete clarity I did not have to look for this info - it got sent to me on my regular circular from The Equality Trust. That is an organisation set up by the same people who wrote The Spirit Level, from academic backgrounds, drawing on huge amounts of research and work. But so easily dismissed as left wing rubbish by those in power, with the power, who’ve held power since 1066 and decided that the post war experiment with democracy had gone too far.

The problem we’ve found in the public sector is that it does not matter how much knowledge is produced, how much research is produced, or how many experiences you mine. Time and again, across all areas, if those who have power don’t want to hear it, they won’t. Anyone else remember the response to the UN report on poverty in the U.K. for instance? Or Blair’s time declaring that we are all middle class now?
Power and money decides what they will hear.

https://www.bbc.co.uk/news/uk-48354692

Well this very rigorous empirical study from the US suggests that movements of millionaires in response to tax changes is marginal, at most:

https://www.asanet.org/wp-content/uploads/attach/journals/jun16asrfeature.pdf

I mean it's their property, they can charge what they want for it. If you don't like it, find somewhere cheaper to live.

As long as the landlord provides adequate living conditions (I know not all do) and the rent is pre-agreed upon then it is what it is

I do think it needs some regulation. People need somewhere to live….

It is all very well to say find somewhere cheaper to live. Say goodbye to all the low paid workers in your area then... they wont be able to afford to live there anymore.

I guess you had a little read around and realised you were totally wrong but instead of admitting it, you’re doubling down on the left wing activist and conspiracy theory nonsense.

Would you rather have lower rents or see Landlords squeezed through punitive tax on costs and legislation? You can’t have both and the electorate has gone with the latter for the last 15 years.

You like to make stuff up don’t you? For clarity sgain, I have a life off the internet. I have kids and I work full time. I can’t always drop everything at the urging of right wingers who want it proven that black is white while being unable to offer anything themselves other than endless repeats of power domination

A quick google shows some interesting other resources around this area.

https://www.lse.ac.uk/News/Latest-news-from-LSE/2024/a-January-2024/super-rich-unlikely-to-leave-uk-for-boring-and-culturally-barren-tax-havens

How crooked non dons are anyway https://warwick.ac.uk/fac/soc/economics/research/centres/cage/news/27-09-22-abolishing_the_non_dom_regime_would_raise_more_than_32_billion_each_year_finds_cage_report/

An old thing from full fact about a similar situation 15 years ago with more exaggerated or made up figures by rich people https://fullfact.org/news/did-labours-50p-tax-rate-drive-10000-millionaires-out-country/ - odd how all these millionaires are leaving now if they already left then.

Thanks for the new hobby, when I’m not living the life of a British pleb, having to work four times harder than the baby boomers did so that I don’t have time to ask questions of a very corrupt government in a very corrupt country.

Not all landlords are hard up. Some pay no mortgage at all on their properties.

We need low rents so low paid workers can afford to have a roof over their head.

All the newspaper reports that are easily accessible point to the Henley organisation and report. All of them.

There’s also this. I haven’t a clue who these people are or what they do - seem to be in the same sector as Henley, possibly questioning not the myth but the problems of propagating it - but it came up on google.

www.fladgate.com/insights/the-exodus-of-uk-millionaires-myth-or-reality

Ok, you’ve proved my point enough now. Thanks @WaryCrow

But which would you pick? Most people would pick the higher rents as long as life is harder for the landlord. That’s the issue and that’s why it’s not only getting costlier to rent worse accommodation, but also harder to even get a private rental in the first place.

@NaySaidThe

If it was getting tougher to be a landlord then property prices would be falling, because their price reflects the net present value of buying property and renting it out. Property prices aren't massively falling, so I don't think your theory holds up.

Against Landlords by Nick Bano explains it brilliantly.

In London, flat prices have fallen enormously in real terms over the last 10 years where as rents have increased.
Landlords are not buying. It’s great if you don’t like Landlords, but not great if you want to rent in London.

Property prices have fallen and will gradually fall further. There’s a glut of second homes on the market in some tourist areas and they’re not budging. The housing market is very flat at the moment.

The issue is that there aren’t enough places to live. We are living in a game of musical chairs. Someone will always be left without a house and landlords will keep making as much money as they like until we build more and limit immigration.

And as for welfare, Labour were trying to make the welfare bill affordable but their MPs aren’t interested in cold hard truths, or telling their constituents cold hard truths. They like to believe in the magic money tree instead. It doesn’t exist, as they are about to find out. The welfare system is about to implode. If you rely on the welfare system, better start making alternative plans.

Can you define "millionaire"? if you're talking about 3.6mn UK millionaires, then exodus was really marginal. But a huge share of those 3.6 are property millionaires with little other assets, mostly they don't generate anything for the economy. Your retired boomers couple owning their London home are sort of irrelevant for economy, they are only interesting for HMRS in terms of IHT.

Those mere 9500 "millionaires" who left are the likes of Charlie Mullins, people who owns businesses and hence generate growth.

Another group of people who are leaving en masse are young ambitious professionals, high potentials. They might not be accounted for in "millionaires exodus" group, but they are even more regrettable loss because they could be our future.

I agree with every word you’ve said.

We definitely need to build more houses.

We definitely need to get a grip on immigration. Why have we not introduced stricter requirements on visas already like Australia 🇦🇺 only let people in who plug skills gaps in our economy!

Starmer was right to review the welfare bill. We can’t afford to fund everyone. It’s sad and unfortunate but it’s simply not possible!