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Everything posted by Quicken
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Bonus question. This tax rise is delayed, but will mortgage lenders start factoring it into affordability calculations now?
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Voting intentions at next General Election
Quicken replied to Si1's topic in House prices and the economy
In Scotland, the general election is really a side show to the second indy ref. Any vote that pushes towards that I suppose. -
I like your thinking wighty. Tasty target there. What I find really laughable is that the public watched the pandemic spending and nhs covid takeover, and yet didn't see big tax rises coming down the track as night follows day. Big drop in tory polling this week, plus special bleating like this in the grauniad: https://www.theguardian.com/money/2021/sep/10/pensioners-governments-tax-triple-lock-pensions-rise-national-insurance I think this is just the first hammer blow. You aint seen nothing yet. A lot of countries are in the same boat of course. What will widespread tax rises do to the global economy? Interesting times.
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Quite possibly. It reminds me strongly of the german solidarity surcharge nominally introduced to pay for reunification but still around. That is an extra 5.5% of the existing rate paid on income, capital gains and corporate tax (dividends are taxed like cap gains using the 25% flat tax). So e.g. 25% flat tax becomes 25*1.055 or 26.375% Plenty of room for this to grow into something very similar. https://wwkn.de/en/about-german-taxes/solidarity-surcharge-solidaritaetszuschlag/ https://en.m.wikipedia.org/wiki/Abgeltungsteuer
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Sunak is set to AXE pension triple lock
Quicken replied to Warlord's topic in House prices and the economy
Nonsense. Have you ever been to a wedding? There is still a strong social expectation that women will want children and an accompanying stigma about those women who choose not to. -
So the winner this month is national insurance, but in 2023 it is set to morph into a separate tax like NI but applied to older worker incomes and dividends. Supposedly ring fenced -watch what they do etc. https://www.bbc.co.uk/news/uk-politics-58476632 So, it's a new tax! Ding ding, round one. I wonder what comes next...
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Sunak is set to AXE pension triple lock
Quicken replied to Warlord's topic in House prices and the economy
Sure, and many are more satisfied with life if they are going out to work. -
The Bubbly Bitcoin Thread -- Merged Threads
Quicken replied to NatterJackToad's topic in House prices and the economy
Paying income tax on that Hex interest? Also, I believe CGT in GBP is owed when you change BTC into ETH for example, and realise a BTC gain. I'd caution against tax evasion. -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
That chart above doesn't match up very well with the updated-daily scotland totals reported by the BBC: https://www.bbc.co.uk/news/uk-scotland-53511877 All over 60 age groups very close to 100% double vaxxed. Etc. -
Sunak is set to AXE pension triple lock
Quicken replied to Warlord's topic in House prices and the economy
The con that you must have babies or you are unfulfilled is peddled much, much more widely. -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
In case anyone is listening to the resident pigeon chess player. https://www.reuters.com/article/factcheck-covid-rna-idUSL1N2LS27P I used to work in genomics and some of my friends currently do work sequencing SARS-CoV-2 to help track variants. Important work during this viral pandemic. -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
They're clearly just using a poorly considered within-paper numbering system. The relevant genbank accession (accession no. AY864806) is here: https://www.ncbi.nlm.nih.gov/nuccore/AY864806 And here's the 2006 paper it is from (where it is called BJ202): https://www.sciencedirect.com/science/article/abs/pii/S0379417206600619 Weak. Very weak Q -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
https://sciencebasedmedicine.org/rna-vaccines-against-covid-19-will-not-permanently-alter-your-dna/ -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
I looked on the website and couldn't find anything recent either, which was a bit odd. Sure it'll be updated soon. -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
I expect it'll be a u-turn unless they can find 'a third way'. Maybe mask wearing in clubs, lol. -
Coronavirus - potential Black Swan?
Quicken replied to LetsBuild's topic in House prices and the economy
In English? -
More like common sense in some cases. I know of a pending leasehold sale in London, in a local authority block that is under 18M and has no cladding, where the sale has been held up when the buyer's solicitor requested the EWS1 form and the council went and ordered a survey. I believe it was resolved when the estate agent went round and took some photos of the building, but the council is still getting the survey done. Just stupid all round.
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PM and Chancellor "almost there" on National Insurance hike
Quicken replied to NuBrit's topic in House prices and the economy
No, no it isn't. One of the most insideously ageist policies in the UK is the way means testing works for working age benefits. Own a million pound house outright (much more likely for the older) - step right up for benefits. Have over £16k in the bank when trying to save a deposit for a house, or when just saving for the future - nothing for you. Is it any wonder most people don't build up savings when this trap is laid for them? -
That makes as much sense as saying the UK could just stick with the EU rules (the Swiss model). The problem was always blatantly obvious - when you have two neighbouring customs systems with different rules, then there has to be a border somewhere. As agreed in the treaty, it can't be on Ireland. So it has to be in the Irish sea.