Wednesday, Sep 13, 2006

Crash Gordon In Lights!

MSN: Gordon Browns Legacy Is a Taxing One

So let me see - the man of low tax - end to boom & bust etc etc. Here we see the true profits in stamp duty and houses to Crash Gordon. 5.5 Billion? Do BTL's & FTB's realise what they are paying?

Posted by waitingfor hpc @ 10:28 AM (537 views)
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3 Comments

1. talking rot said...

You HAVE to admire Gordon Brown. He's got a whole bunch of people (property investors and amateur BTL-ers) paying him vast amounts of tax under the belief that they can use their property portfolios as their pension. He's probably getting far more from this lark then he ever would by taxing the more traditional forms of investments. And people appear content to pay him!

And what's more, they've kept the feel good factor for the New Liebour party. Taxing property owners isn't likely to cost much political support.

What a crafty chap.

Wednesday, September 13, 2006 12:41PM Report Comment
 

2. Northernlad said...

I feel sick.

Wednesday, September 13, 2006 05:39PM Report Comment
 

3. George Monsoon said...

very crafty indeed...

What happens when the crash comes and this revenue dries up.?.. That is of course after the captial gains tax windfall when all the BTL crowd sell

Wednesday, September 13, 2006 07:07PM Report Comment
 

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