Politicians And Conservative Thinking
This article about Ed Miliband and his tax policies, shows everything that is wrong with politicians. Obviously, the 10p tax rate brought in by Gordon Brown didn’t work, as why would he later have abolished it. Politicians of all parties just can’t get it into their head, that when old ideas fail, it is time to give up conservative thinking and try new ideas.
You could argue, that a Mansion Tax is a good idea, but it is just another variation of the politics of envy.
I feel it would make housing problems worse, as from what I’ve read, it would be better for tax purposes to own six £700,000 houses, rather than one worth £4,000,000 or so.
Thus, those with pots of money would take houses out of the available pool, which let’s face it is too small at all levels.
I wouldn’t be hit by a Mansion Tax, as my house is probably worth just over a million, although I paid a lot less for it, just two years ago. But it is in an area, where prices are rising quite fast, due to the improvements in public transport. In a few years, it’ll probably be within the Mansion Tax rate. So why should I pay more, just because I made a good decision?
I would raise money from housing in other ways. The Mansion Tax would be paid on any property, where the owner doesn’t live in it. And the starting point would be a £1,000,000.
This would mean second houses would pay the Mansion Tax, as you couldn’t be registered in two places. I’ve lived in two houses at the same time in the past and it’s a pain and very inefficient.
So let’s ditch all of the consevative ideas and get really radical with ideas, that create more houses and generate more jobs and wealth.
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