They aren’t - because if you don’t generate any revenue you still get taxed. It’s based on a slightly bonkers estimate of rental value, which includes a rough estimate of how much you could earn, not… (View Post)

A Regardless of whether you think the underlying rates are too high, the fact we tax low value domestic property at a much higher rate than £100 million mansions, and we tax work (via NICs) at a high… (View Post)

Particularly given we have “challenger” shops like Aldi. People should instinctively understand that the risk of cartel/oligopoly is limited. To be fsir, I think people do get that in relative terms … (View Post)

Mileage also correlates with income. Those in the highest income deciles drive the most by a large margin even among those who own cars, and we’re a very long way from sufficient EV rollout for that … (View Post)

It’s late stage freebie culture. Quite a few people on PB and elsewhere have been flagging this as a major issue that is going to bite us hard - it usually manifests as rent controls and pensioner be… (View Post)