🚨 YOU LITERALLY HAVE TO READ THIS TO BELIEVE IT.
If you own a home, have a pension, or plan to leave an inheritance, Andy Burnham's leaked economic plans should terrify you. 🤡
He is planning to scrap the capital gains tax "uplift on death," meaning grieving families will be hit with double tax bills on inherited family homes.
Begbies Chartered Accountants confirmed this double levy will hit grieving families with an effective 62% tax rate!
But it gets even worse.
Burnham wants to replace council tax with a new annual property tax of 0.48% of your home's value.
If you live in an average £553,000 house, you will be forced to pay £2,654 every single year just for the privilege of living in your own home!
They want to tax you while you live, tax you when you die, and tax your children for mourning you.
RT to expose the ultimate Labour wealth grab and demand a general election NOW! 🔁🇬🇧🔥
Secretary of State for Housing @SteveReedMP claims the public “DOES NOT” want a General Election.
Let’s test that right now.
Do you want a General Election?
(Please share for wider audience)
@wesstreeting Give it a rest Wes. This just ensures that the Labour Party (and you) will be cast into the political wilderness a lot faster than you imagined.
@NDIronsMP I don’t think Croydon or anywhere else in the South East had room. As your new master is so set on moving everything up North, they can be built there. I’m sure Makerfield could do with a few thousand!