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IMM
 
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Default Will the chancellor cane house owners in the budget?


"Andy Hall" wrote in message
...
On Wed, 11 Feb 2004 10:44:28 -0000, "IMM" wrote:


"Andy Hall" wrote in message
.. .
On Tue, 10 Feb 2004 12:12:19 -0000, "IMM" wrote:


"Julian Fowler" wrote in message
.. .
On Tue, 10 Feb 2004 11:08:12 +0000, Mike Mitchell
wrote:

What's the betting that stamp durty will rise significantly, or

that
the chancellor will introduce some new kind of tax, e.g. capital

gains
tax on first properties?

A rationalization of stamp duty would seem in order, the current
system being highly inflationary wrt house prices: flat rate on all
purchases? Changes to capital gains tax that would hit quick-profit
property developers and serial-movers seem to be an excellent idea.

With the latest Relocation Relocation programme with Kirstie and

Phil
extolling the virtues of selling up and affording TWO properties
elsewhere, surely the chancellor and his advisers must see home
ownership as a nice little earner - for him!

Home *ownership* shouldn't / need not attract taxation: speculative
property buying/selling should, given the overall benefits of taking
some of the heat out of the property market.

Just release lots of land in the country in order to build on,

preferable
to
individual self builders, and prices will stop rising.

Oh no....... :-(


Do you mean prices will still keep rising? How do you figure this out?

No. More that you're about to plug in tape no. 3 - the one about land
redistribution, land value tax, Henry George, Kevin Cahill, Paxo,
Elizabeth Windsor and the House of Lords.


I am?

Why don't you post all your material on a web site, then all you would
need to do is post a URL. Think of the time saving and the extra cha
cha cha that you could enjoy.


Not forgetting the tango, of which I am a master.

Everybody else could out together another site refuting all your
arguments and life would be really simple.


It would?