Eh? Isn't one of the major issues in London everyone from round thw world offshoreing thier property wealth by buying in the city
Tories lost the 2019 election among working age adults
- Thread starter cheesyboy
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Eh? Isn't one of the major issues in London everyone from round thw world offshoreing thier property wealth by buying in the city
Do you think it is more or less meaningless than your 66670 posts here?
Meh I'd be literally dead without those posts so personally it's far more meaningless to argue over the fairness of inheritance in a wealthy first world country.
But I'm sure to the comrades amongst us its more meaningful.
How about you?
I wasn't talking about an exclusive privileged extreme wealth group. I was talking about wealth passing between generations for a quite large proportion of the population.
One in 5 retired households have wealth of £1m+. One in five!
Most of that wealth is likely to be property based. To claim the 90% IHT the government of the day would need to place a lien on the house sale so that it can claim it's payment. The government otherwise will end up as the world's largest estate agent when people just walk away and say it's yours do what you want with it. Our 10% is in the moveable items and cash.
I think that's a fair critique, in fact. Though probate's working require the assessment of the entire estate for IHT. And that 10% is still going to be tens of £thousands.
We can workshop the idea, and 90% is just a starting point for discussion. but I maintain that a very high IHT rate, coupled with a redistribution to the young, is a workable, and ultimately beneficial, policy.
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My mum bought her marital flat for £3000 in the early 80's and sold it in 1994 for £27,000
She bought a cottage flat for £39,000 on a 15 year mortgage and all paid off now. Today she could sell it for £120,000
Yeah we are all priced out of buying a house ourselves till the parents kick the bucket.
She bought a cottage flat for £39,000 on a 15 year mortgage and all paid off now. Today she could sell it for £120,000
Yeah we are all priced out of buying a house ourselves till the parents kick the bucket.
That is the extrwme Wealth group though the poverty line in the UK is extremely wealth globally
90k dollars is the limit to be in the top 10% of the richest people on earth.
So anyone in the UK with a house basically
I take the long term view - most things people do are meaningless - pushing for a better future/society for future generations is not one of them. If others want to try and make small improvements then you shouldn't stand in their way
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Why is it racist to think of the future of the country we live in?
We are one of the smallest islands/countries on the planet yet everyone wants to come and live here? Yes it would be a perfect world to just let everyone move around freely and live where ever they wished wouldn't it, I would love that myself.
If you were to do that, What state would the country be in 30 years from now?
We are one of the smallest islands/countries on the planet yet everyone wants to come and live here? Yes it would be a perfect world to just let everyone move around freely and live where ever they wished wouldn't it, I would love that myself.
If you were to do that, What state would the country be in 30 years from now?
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And here's exhibit 'A' in reason 1 of quite a few as to why the Labour Party is currently on a downward spiral.
The irony that their policies seem to now principally appeal to bourgeoise traitors seems to be lost on many.
A lot of people, including older people, don't generally 'hate' foreigners. They just like their own country and recognise that the mass immigration we have had in recent decades has inevitably changed the culture of the country they like and live in (and often in ways that are detrimental, particularly to lower paid people) and therefore are opposed to such trends continuing.
Of course the Conservatives are also pretty useless when it comes to actually Conserving much these days but they do manage to do their politics with lower amounts of the toxic and overt social justice politics that command such a significant part of contemporary Labour politics and so are currently reaping the benefits of enough people voting not for them necessarily but rather against Labour.
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Improvement? its thw richest 10% of the population arguing about how bad they have it because the top 5% have so much more!!!
By that argument would you disenfranchise them at retirement???
I think it's possible to express concern that democracy can be functioning in such a way that working people's votes are overridden by the retired, and that there may be negative affects of that, without having to think that disenfranchisement is the answer.
A bad thing that we can't (or can't easily, or can't reasonably) fix is still a bad thing
I actually agree with this somewhat. Those with the least to fear from the future direction of the country have significant control over it.
You're dismissing the problem of UK generational fairness and the generational divide in UK politics because other parts of the world are more poor?
Soldato
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Aye this political drivel belongs in SC but presumably that requires higher standards than simple baiting hence its here.
Rigging the system because you don't like the outcome isn't exactly a good approach.
What do you do personally to help the disadvantaged?
Well your generational divide is entirely fabricated.
You excluded turn out and are so comparing to rqdicaly different voting groups.
You're then also assuming that what the majority of any particular age group is has any merit at all as an issue.
For instance by your graph where do I fit in?
I am 31, I've voted Conservative and I've lost every election in my constituency but the government is often what I voted for.
It's utterly meaningless.
I remember them sending our soldiers off to die in foreign wars, selling off our gold reserves when it's price was at a 20 year low and then bankrupting the country a few years later.