Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

dipsydoodle

(42,239 posts)
3. I read the article and concluded he's completely lost it.
Sun Feb 17, 2013, 07:44 AM
Feb 2013

They'd obviously go after the "rich" first but when it comes to the bulk of the population the issue ignores the fact that everyday assets were bought using income which had already been taxed. Buy-to-let is a separate issue but I would think that a lot of that stuff is heavily mortgaged anyway and so the net values may not be that high.

Apart from that as pnwmom said above - how will they value all and sundry ?

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Region Forums»United Kingdom»New Lib Dem wealth plan t...»Reply #3