Scottish houses over £250,000 will not sell!

Thrugelmir

Graham_Devon wrote: »

Who has voted with their feet in France?

I know business don't particularly like it there, but are people themselves moving elsewhere in any large number?

I don't think any country does particularly well attracting wealthy people who want to avoid tax.

Why is London now called France's sixth largest city?

People perhaps would like to avoid the 75% top rate of tax. With entrepreneurs come their businesses too.

Graham_Devon

Thrugelmir wrote: »

Why is London now called France's sixth largest city?

People perhaps would like to avoid the 75% top rate of tax.

Maybe. But we are talking about a tax on choices here. Not a mandatory tax on income.

You bring up London, but I read someting not too long back suggesting London is also home to the most amount of tax avoidance per 100,000 inhabitants.

Makes sense too. If the reason they are moving their entire life and family to London is to avoid tax in another area, it stands to reason they will continue to avoid tax using the systems once in London.

I see the argument that they bring work, but theres more to it than that. No point bringing work if the majority of it is done by workers topped up with Tax credits while avoiding company taxes. AKA Starbucks. Amazon etc.

redcard

Thrugelmir wrote: »

As has been the case in France. People will vote with their feet. If taxation policy is deemed harsh.

This is probably the tip of the iceberg. With income tax likely to follow a similar track.

Welcome to England!

Because the UK tax system works optimally for all in every situation.

Thrugelmir

Graham_Devon wrote: »

Maybe. But we are talking about a tax on choices here. Not a mandatory tax on income.

Look at the wider intent not just a single policy. The Scottish Parliament already have the mandate to vary income tax. This mandate is likely to be widened.

Unfortunately the Corporation tax route may be blocked. Now that the EU itself has taken an interest into the tax affairs of Apple, Ebay, Amazon and Starbucks. With no doubt many more lesser names to follow.

Thrugelmir

redcard wrote: »

Because the UK tax system works optimally for all in every situation.

Depends whose in power.

redcard

Thrugelmir wrote: »

Todays news.

So when you talk about entrepreneurs you're excluding those entrepreneurs in the oil industry?

Graham_Devon

Thrugelmir wrote: »

Look at the wider intent not just a single policy. The Scottish Parliament already have the mandate to vary income tax. This mandate is likely to be widened.

The single policy is what the thread is about though!

There is no current plan to do anything like this with income tax, so at the moment, it's irrelevant, and this stamp duty policy seems sensible, and fair.

It taxes those who CHOOSE to buy something outside of most peoples needs.

It protects those who buy a house to live in from paying any tax at all.

It's a good policy in my mind. Far removed from other policies like car tax which taxes those with the least means to "purchase their way out" of paying higher taxes.

Thrugelmir

Graham_Devon wrote: »

The single policy is what the thread is about though!

If only life was that simple.............;)

For your sake I hope next years general election manifestos are kept to a single policy per party.

neverdespairgirl

Stamp duty has always seemed a very clunky tax, to me. Why isn't it like income tax bands? So if you buy a house for £310k, you pay nothing on the first chunk, then a smaller percentage on the next chunk, etc. It seems mad and artificial that you pay duty on the whole lot when you go over the next band.

Thrugelmir

neverdespairgirl wrote: »

Stamp duty has always seemed a very clunky tax, to me. Why isn't it like income tax bands? So if you buy a house for £310k, you pay nothing on the first chunk, then a smaller percentage on the next chunk, etc. It seems mad and artificial that you pay duty on the whole lot when you go over the next band.

Tax the rich appears to be the theme. Rather than any structured approach as to how fund the SNP's plans.