@WilliamofKent@SaulStaniforth@ZackPolanski Looking at a tax relief on the difference in cost between the govt building (say they budget £500mil) vs private (say cost was £400mil) giving £100mil in tax free allowance to the super rich person.
Would it work out better as govt can’t piss their money up a wall for a change?
@tag4UK Stick the child benefit into the S&P 500 each month. Kid turns 16, got 2 decent options with the £40k (estimated):
1. Deposit on a house
2. Pay for University
If us parents don’t plan for our kids futures now, they will have no future… BTW theirs will not be in the UK
@PolitlcsUK In Japan, it’s been known for siblings to keep the dead bodies of their mum or dad in a freezer so as to keep living in their home and to keep claiming their state pension…
@DividendDrip Split it between a buy to rent property, the S&P 500 (or similar) Gold and cash savings.
In the future your kids will struggle to buy a home. If you have an extra one to give them, they pay you a rent income tax free.
S&P has been a solid investment since forever.
@PolitlcsUK One day soon we’re gonna wake up to the news that someone’s kidnapped a bunch of migrants and held them captive in a basement for 10 years claiming their benefits for themselves…
Depending on the number it may be more financially beneficial 👀
@dvdtrash@20MinuteTims Not a Bowling Club, it’s a care home. Pay for basic maintenance only. Spend money when an inspection fails or for legal requirements such as the stadium rebuild in the 90’s because the old one wouldn’t meet safety standards.
@KieraDiss Instead of shipping the vermin from council house to council house, just offer them flights back to Rapistan or wherever they come from. If they take it, we save thousands a month on housing them, policing them, and policing the issue the cause.
@NotoriousBAG_ He can be the difference for us getting the Champions League group stage instead of the Europa League, that’s about £12mil. So unless we get that or higher it might be financially better to let his contract run down
@GoddayIzakpa Gale brewed the best coffee on the show and nobody thought it would be a good ides to turn this into a Starbucks style venture as a front whilst secretly running the drugs empire in the shadows like Los Pollos 🤷♂️
@JGreenCrypto Buy a property you can afford and let it out…
Use that property as collateral to buy the home you really want and get it on an interest only deal.
When you earn more money and can afford the property, sell the 1st home and start to pay the mortgage off.
@DanielPriestley@garyseconomics Changes the thresholds for income tax.
US style tariffs.
I still think a wealth tax would be fairer than an inheritance tax. Major issue with raising additional taxes is that it goes to the govt and who in their right mind trusts them to do anything good with money?
@JeffreyPeel Higherst paid people are public sector employees? Haaland is on £500k a week, I think he might win.
But it’s not about taxing wages, it’s wealth tax he wants. His t shirt literally says “tax wealth not work”