I think DM_Andy nailed it with "most people are greedy". We can recognise that something is political suicide even as we explain why, on paper, the measure could be good for the country. Th… (View Post)

I'm suggesting you would always link the tax to the local HPI. So you buy for £100k. You make £50k improvements. House prices increase by 25%. You pay tax on £125k, even though the house is worth £15… (View Post)

I'm mixed on this. Making housing a rubbish investment - other than to live in - is a good thing, kills off a lot of demand. OTOH, also stops transactions as people cling on. As ever, a simple annual… (View Post)

The trouble is it's a tax on the transaction, not on the property. It's going to disincentive downsizing, which is an enormous issue when the UK has 26 million spare bedrooms (and rising). Look at ho… (View Post)

I know we've been over this multiple times before, but in my experience the effective marginal tax rate is the least of your worries when it comes to UC claimants. For those of us to be lucky enough … (View Post)