reply to post by D8ncer
Not quite 'UK families' really though is it.
The average UK family has no where near the £700,000 - £1.1 Million in assets which would be the level of assets attracting the proposed tax.
Most would be lucky to have assets worth a 1/4 of that figure.
The one's who would fear this proposal the most, would ironically be the one's who HAVE the most.
UK Families will be forced to pay tax on heirlooms, page 1
Topic started on 17-2-2013 @ 06:43 AM by D8ncer
Just when you thought we may have bottomed-out in terms of politicians tax stupidity. How could they possibly implement such a thing.
Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans proposed by the Liberal Democrats.
Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures.
Householders would be forced to pay a new wealth levy on the assets with the threat of fines for those who refused to let snoops value their possessions.
Daily Mail Link
Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans proposed by the Liberal Democrats.
Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures.
Householders would be forced to pay a new wealth levy on the assets with the threat of fines for those who refused to let snoops value their possessions.
Daily Mail Link
edit on 17-2-2013 by D8ncer because: (no reason given)
edit on 17-2-2013 by D8ncer because: (no reason
given)
edit on 17-2-2013 by D8ncer because: (no reason given)
reply posted on 17-2-2013 @ 06:54 AM by Dispo
reply to post by D8ncer
Clever. The people who have valuable heirlooms won't offer much resistance to these plans.
The under and working classes are unlikely to be affected.
The lower middle and middle classes won't go to the papers because of the embarrassment, they won't tell the inspector to "fuk ov m8 b4 ah get de bois dahn an set me rotty on ya innit" because they have too much to lose.
The upper middle classes will agree with whatever the old boys get up to, until it affects them, then act all outraged with their acquaintances at their wine and cheese parties.
The actual upper classes have it all in swiss banks anyway.
The class system is alive and well in modern Britain, I for one, welcome our new toff overlords.
Interestingly, this is basically a sort of poll tax, akin to the one introduced by Thatcher which caused massive riots. What this tax does though, is takes away the element of society affected by the poll tax which is likely to riot - the underclass with nothing to lose and the working class with dignity. As I said, the middle classes who can afford to pay this tax will just get all uppity about it in private.
Clever. The people who have valuable heirlooms won't offer much resistance to these plans.
The under and working classes are unlikely to be affected.
The lower middle and middle classes won't go to the papers because of the embarrassment, they won't tell the inspector to "fuk ov m8 b4 ah get de bois dahn an set me rotty on ya innit" because they have too much to lose.
The upper middle classes will agree with whatever the old boys get up to, until it affects them, then act all outraged with their acquaintances at their wine and cheese parties.
The actual upper classes have it all in swiss banks anyway.
The class system is alive and well in modern Britain, I for one, welcome our new toff overlords.
Interestingly, this is basically a sort of poll tax, akin to the one introduced by Thatcher which caused massive riots. What this tax does though, is takes away the element of society affected by the poll tax which is likely to riot - the underclass with nothing to lose and the working class with dignity. As I said, the middle classes who can afford to pay this tax will just get all uppity about it in private.
reply posted on 17-2-2013 @ 08:17 AM by Klassified
reply to post by Dispo
Whatever the income or social status of the people this affects, I find it disgusting that any governing body takes it upon themselves to tax personal belongings, or inheritance. These people should be outraged.
The worst part is, all governments in the supposed "free" world do this, and we accept it.
Whatever the income or social status of the people this affects, I find it disgusting that any governing body takes it upon themselves to tax personal belongings, or inheritance. These people should be outraged.
The worst part is, all governments in the supposed "free" world do this, and we accept it.
edit on 2/17/2013 by Klassified because: (no
reason given)
reply posted on 17-2-2013 @ 08:42 AM by GogoVicMorrow
reply to post by D8ncer
In the US they already tax what you inherit when a family member dies.
People see to not understand that it is time to collectively slap our governments on the nose.
It just takesa a group of people saying no you aren't doing this to this person. To refuse to pay at the risk of jail and fight it al lthe way.
We own the government so they don't have claim to anything of ours. They will not stop new taxes will keep popping up.
There is and will be an undeniable immminent breaking point.
In the US they already tax what you inherit when a family member dies.
People see to not understand that it is time to collectively slap our governments on the nose.
It just takesa a group of people saying no you aren't doing this to this person. To refuse to pay at the risk of jail and fight it al lthe way.
We own the government so they don't have claim to anything of ours. They will not stop new taxes will keep popping up.
There is and will be an undeniable immminent breaking point.
reply posted on 17-2-2013 @ 10:12 AM by grainofsand
reply to post by doobydoll
Work around it then, tax 'avoidance' is not illegal in the UK, tax 'evasion' is.
Even if you are a PAYE employee you can also be self-employed, and any losses from such self employment can be refunded from the tax you pay as an employee. Legislation is not influenced by any enjoyment which may or may not be gained from pursuit of the loss-making self employment.
Statutory laws can be very useful because they describe the framework we are working with.
I generally comply with UK laws, but I constantly look towards my own agenda in any legislation, it is a legal game, nothing more.
Work around it then, tax 'avoidance' is not illegal in the UK, tax 'evasion' is.
Even if you are a PAYE employee you can also be self-employed, and any losses from such self employment can be refunded from the tax you pay as an employee. Legislation is not influenced by any enjoyment which may or may not be gained from pursuit of the loss-making self employment.
Statutory laws can be very useful because they describe the framework we are working with.
I generally comply with UK laws, but I constantly look towards my own agenda in any legislation, it is a legal game, nothing more.
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