Quote:
Originally Posted by Toy Soldier
Rich little rich girl doesn't want to pay more tax because her future home might be worth more than £2 million. My heart bleeds for her. No, really.
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This is going to sound ridiculous probably, but you don't get much for £2,000,000 in London. I sold a 2 up, 2 down Victorian terraced house a few years ago for a fair price. It's back on the market for almost £400,000, and it's in one of the poorest boroughs in the country. The "mansion tax" is all well and good if it applied to actual mansions, but it won't. Stick a bit more on the upper rate of income tax and get the tax in from the companies who aren't paying it.