Jump to content
House Price Crash Forum
Sign in to follow this  
Boom'n'Bust

We Pay More For Less

Recommended Posts

http://portal.telegraph.co.uk/opinion/main...5/ixoplead.html

We pay more for less

Figures released today show that a typical family with one earner on £40,000 a year paid a little over a third of its income in tax in 1997. Today it pays as much as a half.
Yet Mr Brown has strained every sinew to ensure that headline tax rates have not risen, just as he siphons off revenue in a hundred sneaky ways. The deep dishonesty of this strategy has been compounded by a deliberate blind eye turned to rising house prices and wages. Thresholds have not risen, with the result that stamp duty revenue has risen eightfold while receipts from capital gains tax, inheritance tax and National Insurance have all doubled.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 337 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.