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tyres

Looking For A Mansion Tax Loophole?

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In the very late 17th century, when owners of large properties wanted to avoid paying a very unpopular tax, they bricked up their windows.

And now, owners of properties that would be affected by Labour’s proposed mansion tax are already seeking ways to get around this 21st-century levy, even though it might not be imposed.

more here....

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If only a fraction of the time UK politicians spend complaining about the tax was spent on solving the house price and housing problem then maybe it would be solved just that bit quicker.

On the other hand maybe it's good that their time is spent complaining to keep them busy and to avoid them causing even more damage.

Edited by billybong

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Based on past history they'd just water the policy down or not introduce it post election especially if the housing indexes look dicey. Tweaking council tax sparks fear in politicians.

Energy companies are 'cutting' tariffs (after raising them earlier in year ) but Milliband proposed to freeze them didn't he?

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That's interesting - that the window tax was the origin of the term 'daylight robbery'.

It's nonsense, of course.

"Daylight robbery" just means robbery during daylight hours or by extension taking money in a brazen-faced manner. Robbing someone in the dark when there's less chance of being caught and/or identified is bad enough - robbing someone in full daylight when there's every chance of it displays a huge degree of arrogance and insolence.

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If they crashed the property market the amount theyd save on housing benefit would be colossal compared to the few million theyll get from the Mansion Tax.

They should in my opinion tax foreign property owners in the UK to the hilt.

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If they crashed the property market the amount theyd save on housing benefit would be colossal compared to the few million theyll get from the Mansion Tax.

They should in my opinion tax foreign property owners in the UK to the hilt.

Pretty much any other country would.

Certainly most of the overseas buyers of London property come from countries where it's either illegal or very hard for non-national residents to buy property.

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Pretty much any other country would.

Certainly most of the overseas buyers of London property come from countries where it's either illegal or very hard for non-national residents to buy property.

You can buy flats in most countries but you cannot buy land and even then its usually only 49% of the block, we're unique in this sense.

We can't even buy own land in Bulgaria, who are our European comrades.

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Pretty much any other country would.

Certainly most of the overseas buyers of London property come from countries where it's either illegal or very hard for non-national residents to buy property.

If they crashed the property market the amount theyd save on housing benefit would be colossal compared to the few million theyll get from the Mansion Tax.

They should in my opinion tax foreign property owners in the UK to the hilt.

Mansion Tax is a paradox for liebor, they know it makes sense, but they don't want to suffer the political consequences. Just look at the liebor MPs against it.

Whether we get it or not property owners from overseas and especially those from counties where it's either illegal or very hard for non-national residents to buy should have to pay tax on what is for them an investment.

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