Boris Johnson will address a cryptocurrency conference in Singapore next month as he forges a post-prime ministerial speaking career.
Having failed to secure a second stint in Downing Street, Johnson will be the featured keynote speaker at the International Symposium on Blockchain Advancements on December 2. He remains the MP for Uxbridge and South Ruislip and the event will take place while parliament is sitting.
Boris Johnson will address a cryptocurrency conference in Singapore next month as he forges a post-prime ministerial speaking career.
Having failed to secure a second stint in Downing Street, Johnson will be the featured keynote speaker at the International Symposium on Blockchain Advancements on December 2. He remains the MP for Uxbridge and South Ruislip and the event will take place while parliament is sitting.
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
Weall, you were happy to support a Johnson regime which had Ms Dorries as a key element.
Dorries was also suspended for doing I'm a Celeb but Johnson liked her, Sunak clearly does not like Hancock as his blanking him showed. Hence he will not bring him back post suspension
TBF I can't remember either if she was doing it while Parliament was in session? She did go off without clearing it with the Party, though.
Nads did go topless on a nude beach down there preparing for the show. Saggy’s you could throw over both shoulders or tie into a bow. IACGMOOH has so much to answer for. But we all watch it don’t we?
Talking of we, Thatcher giving Gaffney a golden shower was a particular highlight.
Unlike Denmark which will probably finish counting in 3-4 hours after poll closing, Israel counts slowly and we aren't likely to get any results for a while.
UPDATE: exit polls giving Right bloc 61-62/120 seats so looking like a return for Bibi.
Thanks,
DC
It's looking like 61.
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
It gives strong stable governments, which is why Belarus uses it.
If you thought you'd seen it all from Vladimir Solovyov, think again
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values" https://twitter.com/francis_scarr/status/1587514273688854530
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
The lady tax would need to be balanced by a man tax. £1,000 p.a. per inch and let’s see who still boasts about having 10 inches!
Unlike Denmark which will probably finish counting in 3-4 hours after poll closing, Israel counts slowly and we aren't likely to get any results for a while.
UPDATE: exit polls giving Right bloc 61-62/120 seats so looking like a return for Bibi.
Thanks,
DC
It's looking like 61.
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
Arn’t there other measurements? Like how well economy is going under an electoral system, or happiness index in their electoral system knowing not a vote is pointless or wasted?
Unlike Denmark which will probably finish counting in 3-4 hours after poll closing, Israel counts slowly and we aren't likely to get any results for a while.
UPDATE: exit polls giving Right bloc 61-62/120 seats so looking like a return for Bibi.
Thanks,
DC
It's looking like 61.
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
Looking like 11 parties will win seats in Israel, and 12 in Denmark.
Unlike Denmark which will probably finish counting in 3-4 hours after poll closing, Israel counts slowly and we aren't likely to get any results for a while.
UPDATE: exit polls giving Right bloc 61-62/120 seats so looking like a return for Bibi.
Thanks,
DC
It's looking like 61.
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
Looking like 11 parties will win seats in Israel, and 12 in Denmark.
Lol, protecting his legacy on Brexit. What bits of the absolute shambles does he want to protect? Northern Island part of Brexit obviously doesn't need any changes.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
The lady tax would need to be balanced by a man tax. £1,000 p.a. per inch and let’s see who still boasts about having 10 inches!
Wiener Tax?
Is it me, or is it like being trapped in an episode of The Vicar of Dibley on here this evening?
I think I’ll give up on getting any sense here, and go off to ConHome again see how they are doing.
Unlike Denmark which will probably finish counting in 3-4 hours after poll closing, Israel counts slowly and we aren't likely to get any results for a while.
UPDATE: exit polls giving Right bloc 61-62/120 seats so looking like a return for Bibi.
Thanks,
DC
It's looking like 61.
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
Looking like 11 parties will win seats in Israel, and 12 in Denmark.
Similar numbers to the UK.
Obviously the difference will be in how many parties will make up the governing coalitions, or be providing confidence/supply.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
The lady tax would need to be balanced by a man tax. £1,000 p.a. per inch and let’s see who still boasts about having 10 inches!
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
The lady tax would need to be balanced by a man tax. £1,000 p.a. per inch and let’s see who still boasts about having 10 inches!
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
A hypothecated social care and health tax, treated as income tax and reducing NI as a result. That will ensure pensioners pay their whack without the challenges of folding NI into income tax.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
The idea of taxing wealth, rather than increasing taxes on income, has been discussed many times on here and I believe, widely supported.
A property tax is a proxy for a wealth tax. In many ways it's easier and fairer to tax property than other forms of wealth, since property cannot be squirrelled away offshore and UK property owned by non-doms would also be taxable.
Disadvantages are: property is illiquid so it may not be easy for property rich, income poor individuals to find the tax. The other issue is agreeing an accurate valuation.
Both of these issues are easily solvable, e.g.: Allow the owner to 'pay' the tax by placing a charge on the property to be settled when the property is sold or on death. For valuations, default the value to the last sale price uprated by the relevant property or land price index, allowing the owner to request (and pay for) an official valuation.
I'm in favour, even though it will cost me.
Thanks for the input.
So why the difference between PB widely supporting property tax, but government not acting on our recommendation?
How do you see the chances of this months budget including property tax’s?
No idea obviously but I suspect some wealth tax is coming in the next few years, maybe not until after the GE.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
Yeah hammer the fuckers with a proper death tax, no weaselling out by putting shit in trust and living 7 years, no million notes exemption for the family home. Crucify the really big estates - Grosvenor, etc - and teach the essentially poor people who live in squillion pound inflated houses that they are essentially poor, and serve them right.
Numerous studies have shown the optimality of pursuing this strategy while reducing the tax burden on the merely well off.
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
Weall, you were happy to support a Johnson regime which had Ms Dorries as a key element.
Dorries was also suspended for doing I'm a Celeb but Johnson liked her, Sunak clearly does not like Hancock as his blanking him showed. Hence he will not bring him back post suspension
TBF I can't remember either if she was doing it while Parliament was in session? She did go off without clearing it with the Party, though.
Nads did go topless on a nude beach down there preparing for the show. Saggy’s you could throw over both shoulders or tie into a bow. IACGMOOH has so much to answer for. But we all watch it don’t we?
Rather than a property tax there should be a land value tax. My other comment is what the hell is wrong with income tax? It should be the backbone tax. Ever since New Labour pledged to not raise it there has been a phobia gripping politicians.
The Guardian has seen documents, marked “official sensitive”, which warn that in a “reasonable worst-case scenario” all sectors including transport, food and water supply, communications and energy could be “severely disrupted” for up to a week.
I don't see why we're not all being encouraged to save power.
I have managed to keep my heating off into November, although I have noticed that, although it is still 19 degrees indoors, with the wetter and cooler weather outside it actually feels colder indoors than it did.
I think the idea is intelligent people, when faced with increased bills, will be be prudent without the nanny state laying it on thick. This, at least, is a conservative vs labour issue. I think if labour were in power the save energy campaigns would be prominent.
The stupid thing is that the government has halved the price signal by the moronic energy price fixing. If they'd just dumped the equivalent cost as cash on each household then at least some people might have used less energy and spent the money on something else, which would have done the economy and balance of payments situation a world of good, as well as reducing electricity consumption to the point blackouts are much less likely.
I've been doing my part - finally installed a woodburner in the living room - I've near infinite free wood at work, and since the stove went in a couple of weeks ago the gas central heating hasn't stirred (I'm about 1100' above sea level, which means normally one needs some heating this time of year).
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
Weall, you were happy to support a Johnson regime which had Ms Dorries as a key element.
Dorries was also suspended for doing I'm a Celeb but Johnson liked her, Sunak clearly does not like Hancock as his blanking him showed. Hence he will not bring him back post suspension
TBF I can't remember either if she was doing it while Parliament was in session? She did go off without clearing it with the Party, though.
Nads did go topless on a nude beach down there preparing for the show. Saggy’s you could throw over both shoulders or tie into a bow. IACGMOOH has so much to answer for. But we all watch it don’t we?
No, we most certainly not!
Oh yes you do. Though I don’t follow it as much now as I did when I was school age.
The Guardian has seen documents, marked “official sensitive”, which warn that in a “reasonable worst-case scenario” all sectors including transport, food and water supply, communications and energy could be “severely disrupted” for up to a week.
I don't see why we're not all being encouraged to save power.
I have managed to keep my heating off into November, although I have noticed that, although it is still 19 degrees indoors, with the wetter and cooler weather outside it actually feels colder indoors than it did.
I think the idea is intelligent people, when faced with increased bills, will be be prudent without the nanny state laying it on thick. This, at least, is a conservative vs labour issue. I think if labour were in power the save energy campaigns would be prominent.
The stupid thing is that the government has halved the price signal by the moronic energy price fixing. If they'd just dumped the equivalent cost as cash on each household then at least some people might have used less energy and spent the money on something else, which would have done the economy and balance of payments situation a world of good, as well as reducing electricity consumption to the point blackouts are much less likely.
I've been doing my part - finally installed a woodburner in the living room - I've near infinite free wood at work, and since the stove went in a couple of weeks ago the gas central heating hasn't stirred (I'm about 1100' above sea level, which means normally one needs some heating this time of year).
My electricity going up 3-fold instead of 6-fold has still been plenty of incentive for us to economise tbh.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
My council tax is currently over 3.5% of value. So I heartily approve.
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
Weall, you were happy to support a Johnson regime which had Ms Dorries as a key element.
Dorries was also suspended for doing I'm a Celeb but Johnson liked her, Sunak clearly does not like Hancock as his blanking him showed. Hence he will not bring him back post suspension
TBF I can't remember either if she was doing it while Parliament was in session? She did go off without clearing it with the Party, though.
Nads did go topless on a nude beach down there preparing for the show. Saggy’s you could throw over both shoulders or tie into a bow. IACGMOOH has so much to answer for. But we all watch it don’t we?
No, we most certainly not!
Oh yes you do. Though I don’t follow it as much now as I did when I was school age.
Never seen it, never will. The very thought makes me cringe.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
My council tax is currently over 3.5% of value. So I heartily approve.
It would massively rebalance property tax from the north to the SE. My northern 3 bed house would go from about £1200 to £700. An equivalent house in the SE would go to more like £2000. That might be a good thing (leveling up and a that), but wouldn't exactly be a hit in the shires...
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
My council tax is currently over 3.5% of value. So I heartily approve.
I'd be worse off but it's still the right thing to do.
88% counted in Denmark and currently the centre-left is projected to win 85 seats in the new Folketing and the centre-right 74 and the Moderates holding the balance with 16.
The centre-left are down 14 and the centre right down 2 so you can see from where the Moderate vote might have come.
It's a poor result for the Social Democrats and a dreadful result for Venstre. The three big winners are the Denmark Democrats, the Moderates and the Liberal Alliance who have gained 41 seats between them and the three big losers are Venstre, Radikale Venstre and the Danish People's Party who have lost 40 seats between them.
The irony is Venstre has lost seats to a party led by its former leader (Moderates) and to a party led by a former Deputy Leader (Denmark Democrats). Indeed, the leader and deputy leader of the party at the last election are now leading two completely separate parties.
Lars Lokke Rasmussen has kept his post-election cards very close to his chest throughout the campaign but he is now speculating on the idea of a new coalition involving the Social Democrats, Venstre and the Moderates. Such a grouping would have 89 seats and effectively though not actually a majority - perhaps they could draw in the Liberal Alliance. As to his own role in such a Government, he's being predictably coy though I suspect he'd like to be Prime Minister again the truth is Mette Frederiksen's Social Democrats have won most seats.
I suspect this is going to be an entertaining post-election Government formation exercise. I suspect Rasmussen wants to break apart the current blocs and create a three-bloc system with the "extreme" (as he would see it) right and left parties on their own and the largest bloc coalescing around the centrist parties who would effectively have close to a majority and therefore (as he might see it) compel other parties to re-orient back to the centre.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
My council tax is currently over 3.5% of value. So I heartily approve.
It would massively rebalance property tax from the north to the SE. My northern 3 bed house would go from about £1200 to £700. An equivalent house in the SE would go to more like £2000. That might be a good thing (leveling up and a that), but wouldn't exactly be a hit in the shires...
Makes little sense too because the SE council does not need three times as much revenue.
88% counted in Denmark and currently the centre-left is projected to win 85 seats in the new Folketing and the centre-right 74 and the Moderates holding the balance with 16.
The centre-left are down 14 and the centre right down 2 so you can see from where the Moderate vote might have come.
It's a poor result for the Social Democrats and a dreadful result for Venstre. The three big winners are the Denmark Democrats, the Moderates and the Liberal Alliance who have gained 41 seats between them and the three big losers are Venstre, Radikale Venstre and the Danish People's Party who have lost 40 seats between them.
The irony is Venstre has lost seats to a party led by its former leader (Moderates) and to a party led by a former Deputy Leader (Denmark Democrats). Indeed, the leader and deputy leader of the party at the last election are now leading two completely separate parties.
Lars Lokke Rasmussen has kept his post-election cards very close to his chest throughout the campaign but he is now speculating on the idea of a new coalition involving the Social Democrats, Venstre and the Moderates. Such a grouping would have 89 seats and effectively though not actually a majority - perhaps they could draw in the Liberal Alliance. As to his own role in such a Government, he's being predictably coy though I suspect he'd like to be Prime Minister again the truth is Mette Frederiksen's Social Democrats have won most seats.
I suspect this is going to be an entertaining post-election Government formation exercise. I suspect Rasmussen wants to break apart the current blocs and create a three-bloc system with the "extreme" (as he would see it) right and left parties on their own and the largest bloc coalescing around the centrist parties who would effectively have close to a majority and therefore (as he might see it) compel other parties to re-orient back to the centre.
Many thanks Stodge. Although this poor result for the Soc Dems sees them slightly up from 2019?
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
My council tax is currently over 3.5% of value. So I heartily approve.
It would massively rebalance property tax from the north to the SE. My northern 3 bed house would go from about £1200 to £700. An equivalent house in the SE would go to more like £2000. That might be a good thing (leveling up and a that), but wouldn't exactly be a hit in the shires...
My northern 1 bed flat is over £1400. It's a huge weight on disposable income. And massive disincentive to finding work. The marginal tax of Council Tax for those on UC because unemployed (zero) and those on UC because full time on minimum wage (very close to the full amount), is positively eye watering.
If you thought you'd seen it all from Vladimir Solovyov, think again
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values" https://twitter.com/francis_scarr/status/1587514273688854530
To be fair, Goring was known for his cross dressing, so there's a (admittedly fucking tenuous) link between the Nazis and transgender folk.
Unlike Denmark which will probably finish counting in 3-4 hours after poll closing, Israel counts slowly and we aren't likely to get any results for a while.
UPDATE: exit polls giving Right bloc 61-62/120 seats so looking like a return for Bibi.
Thanks,
DC
It's looking like 61.
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
That might not do much good, since Israel's people live in communities reflecting the national, sectarian and linguistic origins of their parents or grandparents from every corner of the world, plus the Arabs, of course.
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
Weall, you were happy to support a Johnson regime which had Ms Dorries as a key element.
Dorries was also suspended for doing I'm a Celeb but Johnson liked her, Sunak clearly does not like Hancock as his blanking him showed. Hence he will not bring him back post suspension
TBF I can't remember either if she was doing it while Parliament was in session? She did go off without clearing it with the Party, though.
Nads did go topless on a nude beach down there preparing for the show. Saggy’s you could throw over both shoulders or tie into a bow. IACGMOOH has so much to answer for. But we all watch it don’t we?
No, we most certainly not!
Oh yes you do. Though I don’t follow it as much now as I did when I was school age.
Never seen it, never will. The very thought makes me cringe.
You should give it a go! It’s a superb construct, very psychological. Ignore the bush trucker trials, that’s not what it’s about. It’s about people, and their raw psyche. They get a mix of celebrities, many flawed or full of themselves, they put them in a sort of hostile cage, and then starve them. As the billy ribbon gets low, the true person emerges, often in fascinating and hilarious ways. But also some will always surprise on the upside and become leaders, like Tony Blackburn for example.
Each series is unique, never same, and some series rather flat, it depends on the mix of people and interactions show runners cannot control.
It’s not a reality tv game show, it’s a lab experiment for anyone interested in psychology and human behaviour. And it can be distractingly funny.
88% counted in Denmark and currently the centre-left is projected to win 85 seats in the new Folketing and the centre-right 74 and the Moderates holding the balance with 16.
The centre-left are down 14 and the centre right down 2 so you can see from where the Moderate vote might have come.
It's a poor result for the Social Democrats and a dreadful result for Venstre. The three big winners are the Denmark Democrats, the Moderates and the Liberal Alliance who have gained 41 seats between them and the three big losers are Venstre, Radikale Venstre and the Danish People's Party who have lost 40 seats between them.
The irony is Venstre has lost seats to a party led by its former leader (Moderates) and to a party led by a former Deputy Leader (Denmark Democrats). Indeed, the leader and deputy leader of the party at the last election are now leading two completely separate parties.
Lars Lokke Rasmussen has kept his post-election cards very close to his chest throughout the campaign but he is now speculating on the idea of a new coalition involving the Social Democrats, Venstre and the Moderates. Such a grouping would have 89 seats and effectively though not actually a majority - perhaps they could draw in the Liberal Alliance. As to his own role in such a Government, he's being predictably coy though I suspect he'd like to be Prime Minister again the truth is Mette Frederiksen's Social Democrats have won most seats.
I suspect this is going to be an entertaining post-election Government formation exercise. I suspect Rasmussen wants to break apart the current blocs and create a three-bloc system with the "extreme" (as he would see it) right and left parties on their own and the largest bloc coalescing around the centrist parties who would effectively have close to a majority and therefore (as he might see it) compel other parties to re-orient back to the centre.
Many thanks Stodge. Although this poor result for the Soc Dems sees them slightly up from 2019?
Yes - I meant more in historical terms but for Venstre it's the worst result since the 1980s.
Update - 92% counted and it's 86-73 with 16 for the Moderates. We mustn't forget the four seats allocated to the Faeroes and Greenland. The former split equally with one seats won by the Union party which backs the centre-right and the other by the Social Democrats. We then have the Greenland seats which last time went one to the Social Democrats and one to a democratic socialist party.
I suppose if you add the three centre-left and left seats to the 86 you'd have 89 out of 179 so not quite a majority but perhaps enough for Frederiksen to continue without the Moderates - we'll see.
In Israel, Arab party Ballad is currently 0.1% below the level (3.25%) required to get seats. If they make the threshold, then Bibi's coalition will almost certainly fall to 59 or 60 seats, and make forming a government essentially impossible.
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
Weall, you were happy to support a Johnson regime which had Ms Dorries as a key element.
Dorries was also suspended for doing I'm a Celeb but Johnson liked her, Sunak clearly does not like Hancock as his blanking him showed. Hence he will not bring him back post suspension
TBF I can't remember either if she was doing it while Parliament was in session? She did go off without clearing it with the Party, though.
Nads did go topless on a nude beach down there preparing for the show. Saggy’s you could throw over both shoulders or tie into a bow. IACGMOOH has so much to answer for. But we all watch it don’t we?
No, we most certainly not!
Oh yes you do. Though I don’t follow it as much now as I did when I was school age.
Never seen it, never will. The very thought makes me cringe.
You should give it a go! It’s a superb construct, very psychological. Ignore the bush trucker trials, that’s not what it’s about. It’s about people, and their raw psyche. They get a mix of celebrities, many flawed or full of themselves, they put them in a sort of hostile cage, and then starve them. As the billy ribbon gets low, the true person emerges, often in fascinating and hilarious ways. But also some will always surprise on the upside and become leaders, like Tony Blackburn for example.
Each series is unique, never same, and some series rather flat, it depends on the mix of people and interactions show runners cannot control.
It’s not a reality tv game show, it’s a lab experiment for anyone interested in psychology and human behaviour. And it can be distractingly funny.
Your last two paragraphs make it sound a bit like a typical PB thread.
I'd say it's a very important story and should open a can of worms. They might even enquire what Boris Johnson was doing giving a talk to a bunch of US insurance brokers for $150,000 before returning to his beach hideaway while parliament was sitting and he was being paid to attend.
Hey! He’s not being paid to attend, he’s being paid to represent the good people of Uxbridge.
I imagine a number of them are workshy twonks as well - why shouldn’t they be represented to the best of his ability?
In Israel, Arab party Ballad is currently 0.1% below the level (3.25%) required to get seats. If they make the threshold, then Bibi's coalition will almost certainly fall to 59 or 60 seats, and make forming a government essentially impossible.
What about the bloke who used to be Prime Minister of Israel. How'd ya like to have a bloke runnin' Australia by the name a Mr. Netanyahu! Wonder what'd happen if he adopted Yahoo Serious? Yahoo Serious' name'd be Yahoo Netanyahu!
Oh, you mean the Balad Party not an actual ballad 🤦♀️
If the GOP win both Chambers Trump may already be President elect whatever happens in the 2024 Presidential election as he could get Congress to overturn the EC result even if he loses
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Hancock will want to cash in on his fame while he still has it, as he has made clear he has zero chance of returning to government now anyway. Sunak effectively blanked him when he greeted supporters.
Included in the tasks will be eating various parts of animal anatomy, one could say he has had plenty of practice on that already in the office of the Health Secretary during the lockdown with Gina but we won't go too much into that given this is a serious political site!
If you thought you'd seen it all from Vladimir Solovyov, think again
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values" https://twitter.com/francis_scarr/status/1587514273688854530
Zelensky dancing and singing on Russian TV about a decade ago with Solovyov happily watching in the background
Matt Hancock doesn't rewrite the first line of his obituary but does add another subclause.
To be fair to him… Dorries got into Cabinet after doing her show… why shouldn’t he?
It's worth pointing out that in the draft new boundaries, Suffolk and Essex gain an extra seat between them and as a result W Suffolk is abolished with half going with Bury St Edmunds and the rest with a large slice of Braintree district
The good news for Hancock is that the extra seat in the 2 counties means everyone should be able to get a seat with one to spare. The bad news is that any residual loyalty within his Con association will be split up between the 2 new seats
88% counted in Denmark and currently the centre-left is projected to win 85 seats in the new Folketing and the centre-right 74 and the Moderates holding the balance with 16.
The centre-left are down 14 and the centre right down 2 so you can see from where the Moderate vote might have come.
It's a poor result for the Social Democrats and a dreadful result for Venstre. The three big winners are the Denmark Democrats, the Moderates and the Liberal Alliance who have gained 41 seats between them and the three big losers are Venstre, Radikale Venstre and the Danish People's Party who have lost 40 seats between them.
The irony is Venstre has lost seats to a party led by its former leader (Moderates) and to a party led by a former Deputy Leader (Denmark Democrats). Indeed, the leader and deputy leader of the party at the last election are now leading two completely separate parties.
Lars Lokke Rasmussen has kept his post-election cards very close to his chest throughout the campaign but he is now speculating on the idea of a new coalition involving the Social Democrats, Venstre and the Moderates. Such a grouping would have 89 seats and effectively though not actually a majority - perhaps they could draw in the Liberal Alliance. As to his own role in such a Government, he's being predictably coy though I suspect he'd like to be Prime Minister again the truth is Mette Frederiksen's Social Democrats have won most seats.
I suspect this is going to be an entertaining post-election Government formation exercise. I suspect Rasmussen wants to break apart the current blocs and create a three-bloc system with the "extreme" (as he would see it) right and left parties on their own and the largest bloc coalescing around the centrist parties who would effectively have close to a majority and therefore (as he might see it) compel other parties to re-orient back to the centre.
Many thanks Stodge. Although this poor result for the Soc Dems sees them slightly up from 2019?
Yes - I meant more in historical terms but for Venstre it's the worst result since the 1980s.
Update - 92% counted and it's 86-73 with 16 for the Moderates. We mustn't forget the four seats allocated to the Faeroes and Greenland. The former split equally with one seats won by the Union party which backs the centre-right and the other by the Social Democrats. We then have the Greenland seats which last time went one to the Social Democrats and one to a democratic socialist party.
I suppose if you add the three centre-left and left seats to the 86 you'd have 89 out of 179 so not quite a majority but perhaps enough for Frederiksen to continue without the Moderates - we'll see.
So which of these parties are all in favour of exploiting Greenland for natural resources, so getting rich and keeping power for a long time, and which parties are trying to stop them achieving that?
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Keep council tax - the central obligations (social services, etc) paid for from the new central property tax. Local services (dustbins, etc) paid for by council tax. I’d go with a flat rate per head of population but I’m sure people would complain…
So, the government will last about nine months until something happens to one of the 61.
There aren't many better arguments for FPTP than Israel.
Without wishing to re-ignite last Sunday morning's fire, that's a crass generalisation.
The bigger question is more of a chicken and egg - does the voting system create the political structure and culture or does the political structure and culture lead you to a voting system?
My turn to generalise but in an adversarial system, you usually have two main competing "blocs" which may be single parties or groups of parties which habitually co-operate and collaborate.
What we have seen periodically is traditional two-party structures weaken their grip and allow other parties to come in to the mix - this has happened in Germany, Sweden and Spain to name but three.
More modern trends have disrupted the Butskellite political culture so you have populist conservatism or nationalism (FN, VOX, Freedom Party to name but three) who challenge traditional centre-right parties and either compete with or force them to migrate toward the Right.
On the other side, traditional social democracy is challenged by (often) democratic socialist and Green political movements who either become competitors or force the older party to the left. This happens in all political systems and under all voting systems.
Rasmussen's response in Denmark is to try and persuade the traditional centrist parties they have more in common with each other than the extreme members of their respective blocs.
This was in essence where the SDP wanted to go in the 1980s - it wasn't just to schism Labour but to force a similar schism within the Conservatives whereby the traditional one nation members (the "Wets" to use the vernacular of the time) would join the traditional "old Labour" exiles in the new party and it, along with the Liberals, would act as a centrist bloc while the Conservative and Labour parties became dominated by more extreme elements.
If the GOP win both Chambers Trump may already be President elect whatever happens in the 2024 Presidential election as he could get Congress to overturn the EC result even if he loses
538 forecasts 50.5 GOP seats, so it's on the edge of 51 seats.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
The idea of taxing wealth, rather than increasing taxes on income, has been discussed many times on here and I believe, widely supported.
A property tax is a proxy for a wealth tax. In many ways it's easier and fairer to tax property than other forms of wealth, since property cannot be squirrelled away offshore and UK property owned by non-doms would also be taxable.
Disadvantages are: property is illiquid so it may not be easy for property rich, income poor individuals to find the tax. The other issue is agreeing an accurate valuation.
Both of these issues are easily solvable, e.g.: Allow the owner to 'pay' the tax by placing a charge on the property to be settled when the property is sold or on death. For valuations, default the value to the last sale price uprated by the relevant property or land price index, allowing the owner to request (and pay for) an official valuation.
I'm in favour, even though it will cost me.
Eek! Very much dislike the idea of giving government a direct incentive to increase house prices!
Suggest we just uprate by CPI (capped at 2.5% since the Bank of England is fantabulous at their job)
The Guardian has seen documents, marked “official sensitive”, which warn that in a “reasonable worst-case scenario” all sectors including transport, food and water supply, communications and energy could be “severely disrupted” for up to a week.
I don't see why we're not all being encouraged to save power.
I have managed to keep my heating off into November, although I have noticed that, although it is still 19 degrees indoors, with the wetter and cooler weather outside it actually feels colder indoors than it did.
I think the idea is intelligent people, when faced with increased bills, will be be prudent without the nanny state laying it on thick. This, at least, is a conservative vs labour issue. I think if labour were in power the save energy campaigns would be prominent.
I remember a great Giles cartoon with middle aged men queuing up the share a bath with an attractive young blonde to “save energy”
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Keep council tax - the central obligations (social services, etc) paid for from the new central property tax. Local services (dustbins, etc) paid for by council tax. I’d go with a flat rate per head of population but I’m sure people would complain…
I can't see that theirs any logic in keeping both taxes - ideally tax should be simpler, rather than more complicated. That said, one of the few virtues of council tax is that its set locally, so one can attempt to vote for parties who won't increase it. Possibly one could split a new value based tax as say 0.25% raised and distributed nationally, then up to say a further 0.5% raised and spent locally, maybe with local people required to vote to approve the local rate being increased beyond 0.25%.
All this said, a lot of this could be fixed just by doing the wildly overdue council tax revaluation for England, and adding a load more bands at the top.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
I don't understand that. Landlords will just add the property tax onto the rent.
But what about social housing and part owned etc? I dunno, maybe its ok. My brain is swiss cheese tonight
I don't see how you could do anything other than levy it on all property owners. I'd be OK as it would work out at about the same as my council tax.
What makes you think it would not be in addition to existing council tax?
Willets' proposal suggests "replacing council tax and stamp duty with a proportional property tax" set at 0.5% of the property's value.
My council tax is currently over 3.5% of value. So I heartily approve.
It would massively rebalance property tax from the north to the SE. My northern 3 bed house would go from about £1200 to £700. An equivalent house in the SE would go to more like £2000. That might be a good thing (leveling up and a that), but wouldn't exactly be a hit in the shires...
Makes little sense too because the SE council does not need three times as much revenue.
Sorry but I find it a bit embarrassing that this should be the top story on the news. Maybe if it had been mentioned in passing that he'd lost the whip. If BBC news wants to chase ratings why not focus on celebrity gossip?
If the GOP win both Chambers Trump may already be President elect whatever happens in the 2024 Presidential election as he could get Congress to overturn the EC result even if he loses
538 forecasts 50.5 GOP seats, so it's on the edge of 51 seats.
And if that is the case then as I said the 2024 Presidential election may be irrelevant. Trump would be President elect once the new GOP Congress comes in which he can use to overturn even an EC loss in 2024
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
If you thought you'd seen it all from Vladimir Solovyov, think again
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values" https://twitter.com/francis_scarr/status/1587514273688854530
Zelensky dancing and singing on Russian TV about a decade ago with Solovyov happily watching in the background
Zelensky's story is an interesting one. He did quite a bit of work in Russia back in the day. For a Ukrainian entertainer Moscow was like Hollywood to us. And then things got complicated. The way it's told he chose principles over money...
Sorry but I find it a bit embarrassing that this should be the top story on the news. Maybe if it had been mentioned in passing that he'd lost the whip. If BBC news wants to chase ratings why not focus on celebrity gossip?
The irony is the BBC bigging up a story promoting I'm A Celebrity....
If you thought you'd seen it all from Vladimir Solovyov, think again
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values" https://twitter.com/francis_scarr/status/1587514273688854530
To be fair, Goring was known for his cross dressing, so there's a (admittedly fucking tenuous) link between the Nazis and transgender folk.
It’s hardly the most important question about Göring, but I believe his increasingly flamboyant dress sense inspired the accusations of transvestism. David Irvine suggested in his bio of HG that his taste for baby blue Reichsmarschall’s uniforms meant he was almost certainly a cross dresser, and we all know that Irvine doesn’t make stuff up.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Keep council tax - the central obligations (social services, etc) paid for from the new central property tax. Local services (dustbins, etc) paid for by council tax. I’d go with a flat rate per head of population but I’m sure people would complain…
I can't see that theirs any logic in keeping both taxes - ideally tax should be simpler, rather than more complicated. That said, one of the few virtues of council tax is that its set locally, so one can attempt to vote for parties who won't increase it. Possibly one could split a new value based tax as say 0.25% raised and distributed nationally, then up to say a further 0.5% raised and spent locally, maybe with local people required to vote to approve the local rate being increased beyond 0.25%.
All this said, a lot of this could be fixed just by doing the wildly overdue council tax revaluation for England, and adding a load more bands at the top.
Council tax is bastardised rubbish trying to do two things - fund local services and be somewhat proportionate to wealth. At the same time central government keeps dumping unfunded obligations on local government.
I don’t think it’s complicated to have two payments - an annual or semi annual property tax paid to central government and a flat rate fee for service paid monthly to local government.
Different taxes with different objectives paid to different people
Sorry but I find it a bit embarrassing that this should be the top story on the news. Maybe if it had been mentioned in passing that he'd lost the whip. If BBC news wants to chase ratings why not focus on celebrity gossip?
The irony is the BBC bigging up a story promoting I'm A Celebrity....
Which is on ITV.
Clueless muppets.
Well to give them their due they weren't afraid to promote their rivals. But it's not a major news story.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
I disagree. People should learn to budget for it. If everyone can defer it creates a dreadful cashflow problem for the government as well.
Context: average house price £290k so less than £3K in annual tax. Average band D council tax of £1.5k
If you want to make it 0.5% up to £500k and 1% above go ahead (although that’s very tempting for labour to increase in future).
But fundamentally taxes need to go up and the wealthiest need to contribute more.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Speaking as someone who rents. The idea that any property tax wont be passed on to renters in the form of rent increases is for the birds. I have had landlords inform me rent is going up because the mortgage rate increased on a number of occasions. Not that I have ever had one saying "oh my mortgage got cheaper here is a reduction in rent"
If the GOP win both Chambers Trump may already be President elect whatever happens in the 2024 Presidential election as he could get Congress to overturn the EC result even if he loses
538 forecasts 50.5 GOP seats, so it's on the edge of 51 seats.
And if that is the case then as I said the 2024 Presidential election may be irrelevant. Trump would be President elect once the new GOP Congress comes in which he can use to overturn even an EC loss in 2024
I wouldn't have thought so.
Only a very small number of Republican Senators voted to reject EC votes last time (from memory about five Senators on most votes)
So it's extremely unlikely 51 Republican Senators will do so next time.
There is surely almost zero chance of Senators like Romney, Collins and Murkowski doing so.
Even McConnell was absolutely scathing about the idea.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
I disagree. People should learn to budget for it. If everyone can defer it creates a dreadful cashflow problem for the government as well.
Or.... millions of people who bought houses for buttons decades back now have to sell, in a hurry, because they don't have twenty or thirty grand a year to find.
Crashing the housing market.
Do you have much experience with this "politics" thing?
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Speaking as someone who rents. The idea that any property tax wont be passed on to renters in the form of rent increases is for the birds. I have had landlords inform me rent is going up because the mortgage rate increased on a number of occasions. Not that I have ever had one saying "oh my mortgage got cheaper here is a reduction in rent"
That’s just his/her excuse though.
Basically he is charging the maximum he can get away with and then justifying it to you that he’s not a bad person because a big boy the government made him do it
A property tax is also a proxy for an income tax, since people will stop working as much if they think their assets will be taken from them anyway. Maybe going onto early retirement a few years earlier, and paying less for housing in retirement. With less money being spent on houses, it will be harder to bring new houses into being. And so on. There's no magic money tree.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
I disagree. People should learn to budget for it. If everyone can defer it creates a dreadful cashflow problem for the government as well.
Or.... millions of people who bought houses for buttons decades back now have to sell, in a hurry, because they don't have twenty or thirty grand a year to find.
Crashing the housing market.
Do you have much experience with this "politics" thing?
Last transaction value not current values.
And possibly a 10 year phase in period.
And people paying £20-30k a year are living in £2-3m properties so are doing ok in the scheme of things.
(FWIW this would be extremely painful for me)
And yes - it’s politically very very difficult. But this may be the only chance to make a fundamentally sensible change like this in this generation
Sorry but I find it a bit embarrassing that this should be the top story on the news. Maybe if it had been mentioned in passing that he'd lost the whip. If BBC news wants to chase ratings why not focus on celebrity gossip?
The irony is the BBC bigging up a story promoting I'm A Celebrity....
Which is on ITV.
Clueless muppets.
Well to give them their due they weren't afraid to promote their rivals. But it's not a major news story.
It is someone who was the health minister during the bulk of the Covid pandemic, and has now been stripped of the Tory whip.
While the programme is obviously trivial, that's surely significant news.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
I disagree. People should learn to budget for it. If everyone can defer it creates a dreadful cashflow problem for the government as well.
Or.... millions of people who bought houses for buttons decades back now have to sell, in a hurry, because they don't have twenty or thirty grand a year to find.
Crashing the housing market.
Do you have much experience with this "politics" thing?
Last transaction value not current values.
And possibly a 10 year phase in period.
And people paying £20-30k a year are living in £2-3m properties so are doing ok in the scheme of things.
(FWIW this would be extremely painful for me)
And yes - it’s politically very very difficult. But this may be the only chance to make a fundamentally sensible change like this in this generation
Imagine two neighbours on a terrace of identical houses, one of whom pays over 10 times as much tax, simply because he bought in 2019 instead of the 1980s. It would be unjustifiable.
If the GOP win both Chambers Trump may already be President elect whatever happens in the 2024 Presidential election as he could get Congress to overturn the EC result even if he loses
538 forecasts 50.5 GOP seats, so it's on the edge of 51 seats.
And if that is the case then as I said the 2024 Presidential election may be irrelevant. Trump would be President elect once the new GOP Congress comes in which he can use to overturn even an EC loss in 2024
I wouldn't have thought so.
Only a very small number of Republican Senators voted to reject EC votes last time (from memory about five Senators on most votes)
So it's extremely unlikely 51 Republican Senators will do so next time.
There is surely almost zero chance of Senators like Romney, Collins and Murkowski doing so.
Even McConnell was absolutely scathing about the idea.
Romney is up for re election in 2024, Trumpites will almost certainly challenge him.
If the GOP got to say 54 or 55 Senators and a House majority then Trump overturning an EC loss is very possible
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
All the great and the good are in this mini thread on the coming budget. So whilst you all here.
what are we learning from this poll? For me it’s a poor poll. There is far too much perceived knowledge as well as too much nuance in the question. What is understood by tax? This Novembers budget will certainly contain windfall taxes on energy companies and banks, you agree? But is this what voters are thinking of when they answer tax?
Or are voters thinking of NI rise as being tax? Or there is even an outside chance this budget will include a new property tax, is this what voters are thinking of when they answer raise tax?
And then there is what governments actually use to fill black holes, stealth money grabs. By leaving thresholds where they were when cutting taxes, Kwasi Kwarteng’s budget knowingly raised over £20bn by stealth taxation.
And then the actual question of the poll could be enforcing a political lie - is there an actual black hole? If you agree with Sunak there is a deficit, Can you tell us when it first became clear we had one? Why didn’t Sunak mention tax’s up to fill a £50bn deficit when he had the chance in two months of hustings? When and What created it? Expensive tax cuts by Truss? More expensive borrowing costs because of Truss? No and no.
Truth might well be no £50bn deficit - the Sunak government are conning us. They won’t go into the commons and public with “we need billions desperately for the NHS and Schools right now, so we are putting taxes up further for it.” Sunak could do that but he fears the response “that’s because you fucked up when chancellor didn’t you, spraying money around without due care? Look at the country’s tax take already!” Hence Sunak and Hunts lie about a deficit to be filled by raising more tax - on incomes, windfalls, property, businesses, the city, and by stealth.
We don’t need think tanks or OBR to cost this budget, I can tell you the true cost of this budget right now, two weeks beforehand - the next two years is the highest tax take ever for UK and lowest growth in G7.
If you thought you'd seen it all from Vladimir Solovyov, think again
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values" https://twitter.com/francis_scarr/status/1587514273688854530
To be fair, Goring was known for his cross dressing, so there's a (admittedly fucking tenuous) link between the Nazis and transgender folk.
Bunch of slackers - What about "LGBT, transgender, Nazi, Satanist, Woke, Alien, Illegal Immigrant AI" values?
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Speaking as someone who rents. The idea that any property tax wont be passed on to renters in the form of rent increases is for the birds. I have had landlords inform me rent is going up because the mortgage rate increased on a number of occasions. Not that I have ever had one saying "oh my mortgage got cheaper here is a reduction in rent"
That’s just his/her excuse though.
Basically he is charging the maximum he can get away with and then justifying it to you that he’s not a bad person because a big boy the government made him do it
Don't disagree was merely pointing out the "oh renters wouldnt have to pay it" is bollocks
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
50% tax on womens accessories would get us out of the hole the money they waste on that old shit Edit - even better, a loitering about browsing then prosecco lunchies tax. Man i think Ive solved it!
“Man i think Ive solved it!‘
As only a Man could.
Being serious for a second, what are property taxes, and why haven’t they been tried in this situation. Yet.
Lord Willetts to me, David Willetts to you, is proposing a proportional property tax.
How do PBers feel about paying the good lords proportional property tax?
Ok if im not allowed to tax lady nonsense then lets look at this thingamy..... It looks OK frankly as a tax raising idea, but my biggest concern is renters make no financial contribution whatsoever to their local services.
Speaking as someone who rents. The idea that any property tax wont be passed on to renters in the form of rent increases is for the birds. I have had landlords inform me rent is going up because the mortgage rate increased on a number of occasions. Not that I have ever had one saying "oh my mortgage got cheaper here is a reduction in rent"
That’s just his/her excuse though.
Basically he is charging the maximum he can get away with and then justifying it to you that he’s not a bad person because a big boy the government made him do it
Incorrect, businesses pass through tax cuts and rises to customers, like VAT. If you think taxes don't affect people's behaviour, you could just put income tax to 100% and solve every problem.
A property tax is also a proxy for an income tax, since people will stop working as much if they think their assets will be taken from them anyway. Maybe going onto early retirement a few years earlier, and paying less for housing in retirement. With less money being spent on houses, it will be harder to bring new houses into being. And so on. There's no magic money tree.
There’s no magic money tree in government going after property? Thanks for that input.
There’s a queue of former Tory ministers arguing for the need of some form of property right now though, are you saying they are wrong?
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
I disagree. People should learn to budget for it. If everyone can defer it creates a dreadful cashflow problem for the government as well.
Or.... millions of people who bought houses for buttons decades back now have to sell, in a hurry, because they don't have twenty or thirty grand a year to find.
Crashing the housing market.
Do you have much experience with this "politics" thing?
Last transaction value not current values.
And possibly a 10 year phase in period.
And people paying £20-30k a year are living in £2-3m properties so are doing ok in the scheme of things.
(FWIW this would be extremely painful for me)
And yes - it’s politically very very difficult. But this may be the only chance to make a fundamentally sensible change like this in this generation
Would this replace Council Tax or be in addition? 'Cos as a replacement it would be a 60% reduction for me...
It is the obvious wealth tax to go for. Anything else would be unfair in many ways, or potentially avoidable.
A property tax is also a proxy for an income tax, since people will stop working as much if they think their assets will be taken from them anyway. Maybe going onto early retirement a few years earlier, and paying less for housing in retirement. With less money being spent on houses, it will be harder to bring new houses into being. And so on. There's no magic money tree.
There’s no magic money tree in government going after property? Thanks for that input.
There’s a queue of former Tory ministers arguing for the need of some form of property right now though, are you saying they are wrong?
I don't think they are asserting it would be costless, which is some people's assumption simply because the physically existing houses don't move.
@YouGov · 45m How should the government deficit be closed?
All through tax rises: 14% Mostly tax rises: 19% Equally tax rises and spending cuts: 25% Mostly spending cuts: 9% All spending cuts: 8%
As long as it is not my tax rise is the true response
Fleece the buggers just over the economic horizon there
So, how exactly will Sunak and Starmer governments unlock the money in property to line the government coffers? Is there a tax they can use to get away with that?
1% annual tax on residential property (last transaction value).
Only if you can defer payment to the next actual sale.
I disagree. People should learn to budget for it. If everyone can defer it creates a dreadful cashflow problem for the government as well.
Or.... millions of people who bought houses for buttons decades back now have to sell, in a hurry, because they don't have twenty or thirty grand a year to find.
Crashing the housing market.
Do you have much experience with this "politics" thing?
I don't disagree with the overall point, that some people who bought a long time ago in London particularly would find it shockingly high, but...
Even at 1%, you're talking £2-3m houses in order to pay 20-30k.
There are well under 1m houses that are worth £1m, never mind £2-3m, and, while you will get plenty of asset rich/cash poor in that group, the majority of people in houses that are worth £2-3m didn't buy them for buttons. People with low incomes sitting on multi-million pound houses will more often that not have cashed out and moved somewhere cheaper.
So, it's definitely not millions, and I'd guess that if we're talking about people in £2-3m houses who bought for very small amounts, it's more likely in the tens of thousands.
Comments
Talking of we, Thatcher giving Gaffney a golden shower was a particular highlight.
In his latest tirade, he calls Russia's invasion of Ukraine a "counterattack" launched in response to eight years of Ukrainian "genocide against those who won't accept LGBT, transgender-Nazi values"
https://twitter.com/francis_scarr/status/1587514273688854530
"No, that's Matt Hancock"
Is it me, or is it like being trapped in an episode of The Vicar of Dibley on here this evening?
I think I’ll give up on getting any sense here, and go off to ConHome again see how they are doing.
https://twitter.com/steven_swinford/status/1587551572023713799
TSE and Barty will be happy.
Whose the PB Spurs fan, is it Anabob?
I've been doing my part - finally installed a woodburner in the living room - I've near infinite free wood at work, and since the stove went in a couple of weeks ago the gas central heating hasn't stirred (I'm about 1100' above sea level, which means normally one needs some heating this time of year).
So I heartily approve.
https://projects.fivethirtyeight.com/2022-election-forecast/senate/
https://www.economist.com/interactive/us-midterms-2022/forecast/senate
That might be a good thing (leveling up and a that), but wouldn't exactly be a hit in the shires...
88% counted in Denmark and currently the centre-left is projected to win 85 seats in the new Folketing and the centre-right 74 and the Moderates holding the balance with 16.
The centre-left are down 14 and the centre right down 2 so you can see from where the Moderate vote might have come.
It's a poor result for the Social Democrats and a dreadful result for Venstre. The three big winners are the Denmark Democrats, the Moderates and the Liberal Alliance who have gained 41 seats between them and the three big losers are Venstre, Radikale Venstre and the Danish People's Party who have lost 40 seats between them.
The irony is Venstre has lost seats to a party led by its former leader (Moderates) and to a party led by a former Deputy Leader (Denmark Democrats). Indeed, the leader and deputy leader of the party at the last election are now leading two completely separate parties.
Lars Lokke Rasmussen has kept his post-election cards very close to his chest throughout the campaign but he is now speculating on the idea of a new coalition involving the Social Democrats, Venstre and the Moderates. Such a grouping would have 89 seats and effectively though not actually a majority - perhaps they could draw in the Liberal Alliance. As to his own role in such a Government, he's being predictably coy though I suspect he'd like to be Prime Minister again the truth is Mette Frederiksen's Social Democrats have won most seats.
I suspect this is going to be an entertaining post-election Government formation exercise. I suspect Rasmussen wants to break apart the current blocs and create a three-bloc system with the "extreme" (as he would see it) right and left parties on their own and the largest bloc coalescing around the centrist parties who would effectively have close to a majority and therefore (as he might see it) compel other parties to re-orient back to the centre.
It's a huge weight on disposable income. And massive disincentive to finding work.
The marginal tax of Council Tax for those on UC because unemployed (zero) and those on UC because full time on minimum wage (very close to the full amount), is positively eye watering.
Each series is unique, never same, and some series rather flat, it depends on the mix of people and interactions show runners cannot control.
It’s not a reality tv game show, it’s a lab experiment for anyone interested in psychology and human behaviour. And it can be distractingly funny.
Update - 92% counted and it's 86-73 with 16 for the Moderates. We mustn't forget the four seats allocated to the Faeroes and Greenland. The former split equally with one seats won by the Union party which backs the centre-right and the other by the Social Democrats. We then have the Greenland seats which last time went one to the Social Democrats and one to a democratic socialist party.
I suppose if you add the three centre-left and left seats to the 86 you'd have 89 out of 179 so not quite a majority but perhaps enough for Frederiksen to continue without the Moderates - we'll see.
Suella watch day X?
Denmark was over 50% counted after 2.5 hours but the first results are now just trickling through in Israel, with 3600 votes counted.
I imagine a number of them are workshy twonks as well - why shouldn’t they be represented to the best of his ability?
How'd ya like to have a bloke runnin' Australia by the name a Mr. Netanyahu!
Wonder what'd happen if he adopted Yahoo Serious?
Yahoo Serious' name'd be Yahoo Netanyahu!
Oh, you mean the Balad Party not an actual ballad 🤦♀️
If the GOP win both Chambers Trump may already be President elect whatever happens in the 2024 Presidential election as he could get Congress to overturn the EC result even if he loses
https://twitter.com/JusticeNafo/status/1581197557853659141?s=20&t=AAN4MJTjqxeJ10ZaLAIC9w
The good news for Hancock is that the extra seat in the 2 counties means everyone should be able to get a seat with one to spare.
The bad news is that any residual loyalty within his Con association will be split up between the 2 new seats
The bigger question is more of a chicken and egg - does the voting system create the political structure and culture or does the political structure and culture lead you to a voting system?
My turn to generalise but in an adversarial system, you usually have two main competing "blocs" which may be single parties or groups of parties which habitually co-operate and collaborate.
What we have seen periodically is traditional two-party structures weaken their grip and allow other parties to come in to the mix - this has happened in Germany, Sweden and Spain to name but three.
More modern trends have disrupted the Butskellite political culture so you have populist conservatism or nationalism (FN, VOX, Freedom Party to name but three) who challenge traditional centre-right parties and either compete with or force them to migrate toward the Right.
On the other side, traditional social democracy is challenged by (often) democratic socialist and Green political movements who either become competitors or force the older party to the left. This happens in all political systems and under all voting systems.
Rasmussen's response in Denmark is to try and persuade the traditional centrist parties they have more in common with each other than the extreme members of their respective blocs.
This was in essence where the SDP wanted to go in the 1980s - it wasn't just to schism Labour but to force a similar schism within the Conservatives whereby the traditional one nation members (the "Wets" to use the vernacular of the time) would join the traditional "old Labour" exiles in the new party and it, along with the Liberals, would act as a centrist bloc while the Conservative and Labour parties became dominated by more extreme elements.
Suggest we just uprate by CPI (capped at 2.5% since the Bank of England is fantabulous at their job)
https://nypost.com/2022/11/01/paul-pelosis-attacker-david-depape-in-us-illegally-on-overstayed-visa/
Those pesky mexicans, I mean, er canadians.
That said, one of the few virtues of council tax is that its set locally, so one can attempt to vote for parties who won't increase it. Possibly one could split a new value based tax as say 0.25% raised and distributed nationally, then up to say a further 0.5% raised and spent locally, maybe with local people required to vote to approve the local rate being increased beyond 0.25%.
All this said, a lot of this could be fixed just by doing the wildly overdue council tax revaluation for England, and adding a load more bands at the top.
Netanyahu back (probably).
Which is on ITV.
Clueless muppets.
I don’t think it’s complicated to have two payments - an annual or semi annual property tax paid to central government and a flat rate fee for service paid monthly to local government.
Different taxes with different objectives paid to different people
Context: average house price £290k so less than £3K in annual tax. Average band D council tax of £1.5k
If you want to make it 0.5% up to £500k and 1% above go ahead (although that’s very tempting for labour to increase in future).
But fundamentally taxes need to go up and the wealthiest need to contribute more.
When we are on the other side of the Sun.
So, we will actually miss it by.....186 million miles.
Phew, that was close!!!
https://www.theguardian.com/science/2022/nov/01/huge-planet-killer-asteroid-discovered-and-its-heading-our-way
Only a very small number of Republican Senators voted to reject EC votes last time (from memory about five Senators on most votes)
So it's extremely unlikely 51 Republican Senators will do so next time.
There is surely almost zero chance of Senators like Romney, Collins and Murkowski doing so.
Even McConnell was absolutely scathing about the idea.
Crashing the housing market.
Do you have much experience with this "politics" thing?
Basically he is charging the maximum he can get away with and then justifying it to you that he’s not a bad person because a big boy the government made him do it
And possibly a 10 year phase in period.
And people paying £20-30k a year are living in £2-3m properties so are doing ok in the scheme of things.
(FWIW this would be extremely painful for me)
And yes - it’s politically very very difficult. But this may be the only chance to make a fundamentally sensible change like this in this generation
I have to say the clip of Solovyov on Russian TV saying he'd been conscripted is one of the weirdest things I've ever seen. Good night.
While the programme is obviously trivial, that's surely significant news.
If the GOP got to say 54 or 55 Senators and a House majority then Trump overturning an EC loss is very possible
what are we learning from this poll? For me it’s a poor poll. There is far too much perceived knowledge as well as too much nuance in the question. What is understood by tax? This Novembers budget will certainly contain windfall taxes on energy companies and banks, you agree? But is this what voters are thinking of when they answer tax?
Or are voters thinking of NI rise as being tax? Or there is even an outside chance this budget will include a new property tax, is this what voters are thinking of when they answer raise tax?
And then there is what governments actually use to fill black holes, stealth money grabs. By leaving thresholds where they were when cutting taxes, Kwasi Kwarteng’s budget knowingly raised over £20bn by stealth taxation.
And then the actual question of the poll could be enforcing a political lie - is there an actual black hole? If you agree with Sunak there is a deficit, Can you tell us when it first became clear we had one? Why didn’t Sunak mention tax’s up to fill a £50bn deficit when he had the chance in two months of hustings? When and What created it? Expensive tax cuts by Truss? More expensive borrowing costs because of Truss? No and no.
Truth might well be no £50bn deficit - the Sunak government are conning us. They won’t go into the commons and public with “we need billions desperately for the NHS and Schools right now, so we are putting taxes up further for it.” Sunak could do that but he fears the response “that’s because you fucked up when chancellor didn’t you, spraying money around without due care? Look at the country’s tax take already!” Hence Sunak and Hunts lie about a deficit to be filled by raising more tax - on incomes, windfalls, property, businesses, the city, and by stealth.
We don’t need think tanks or OBR to cost this budget, I can tell you the true cost of this budget right now, two weeks beforehand - the next two years is the highest tax take ever for UK and lowest growth in G7.
Asking for some little grey employees.
https://twitter.com/MattHancock/status/1587570829306593281?s=20&t=KLpee00azwl_BBAIDsNU5w
There’s a queue of former Tory ministers arguing for the need of some form of property right now though, are you saying they are wrong?
It is the obvious wealth tax to go for. Anything else would be unfair in many ways, or potentially avoidable.
Even at 1%, you're talking £2-3m houses in order to pay 20-30k.
There are well under 1m houses that are worth £1m, never mind £2-3m, and, while you will get plenty of asset rich/cash poor in that group, the majority of people in houses that are worth £2-3m didn't buy them for buttons. People with low incomes sitting on multi-million pound houses will more often that not have cashed out and moved somewhere cheaper.
So, it's definitely not millions, and I'd guess that if we're talking about people in £2-3m houses who bought for very small amounts, it's more likely in the tens of thousands.