Cable: 'Mansion Tax' Should Replace 50p Rate

charitynjw

VIP Member

Joined: Sep 2009

Posts: 15348
- Share
- Tweet
#1

Cable: 'Mansion Tax' Should Replace 50p Rate

28th March 2011, 09:07:AM

Cable: 'Mansion Tax' Should Replace 50p rate

The rich could face a levy on the value of their homes as the price of scrapping the top rate of income tax, Business Secretary Vince Cable has suggested.

http://uk.news.yahoo.com/5/20110328/...p-45dbed5.html

(What will I have to pay - I have Eff Hall! :tinysmile_grin_t

CAVEAT LECTOR

This is only my opinion - "Opinions are made to be changed --or how is truth to be got at?" (Byron)

You and I do not see things as they are. We see things as we are.
Cohen, Herb

There is danger when a man throws his tongue into high gear before he
gets his brain a-going.
Phelps, C. C.

"They couldn't hit an elephant at this distance!"
The last words of John Sedgwick

Tags: None
WendyB

Senior Member

Joined: Jun 2007

Posts: 4816
- Share
- Tweet
#2

28th March 2011, 10:17:AM

Re: Cable: 'Mansion Tax' Should Replace 50p Rate

Well to be perfectly honest I don't care if it's 50p tax rate, or taxing properties over 2 million, as neither of which will ever apply to me - I am a lodger in Eff Hall with Charity.

Although, to be fair, what you could get for 2 mill would be very wide ranging, depending on where it was. Would get a lovely house with a lot of land in my neck of the woods, whereas in Mayfair it might only get you a garage...

Is no longer here
1 thank
Comment

Comment