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Wednesday 29 August 2012

Easy when you think about it!


Nick Clegg, what a fool!

His notion of taxing people’s savings to help the bail out, beggars belief!

Like the Lib Dem’s “mansion tax”, it is an ill conceived sound bite aimed at garnering support with left leaning voters.

If the Lib Dems had half a brain cell between them, the answer would be obvious.

I’ll put it out there to help them along.

  • Part one:
    Profits from income on property bought with a buy to let mortgage, should be taxed at a rate of 120%.

Those of you with considerably more grey matter than the collective which is Lib Dem HQ, will be concerned that this will mean that all rental property will gravitate to the very wealthy.

  • Part two:
    Inheritance of housing stock will be restricted to one per descendant! (Limited to surviving son, daughter, grandchild, niece or nephew). All other housing will pass to the state to be administered by local housing associations!


Simples!


29 August 2012 12:06