Labour push for a 'Death' Tax

[GommeInc]

Hmm, a bit confusing. Surely a better idea would be to change the tax so low estates are given a low tax, while high estates are taxed a few percent more? Either way, a stupid idea seeing that inheritance tax already exist :/ I can see the Conservatives agreeing with this idea soon enough, the little hypocrites and liars.

[Catzsy]

Well I am not sure about this one because in the South in particular it is not uncommon to have houses worth £500,000 and if there is only one beneficiary that would be a huge wallop! Could be a very devisive tax.

[alexxxxx]

. Maybe if the government stopped wasting billions and billions we could actually afford to look after our own people.

..but..but..but..but... THAT'S SOCIALISM

[-:Undertaker:-]

..but..but..but..but... THAT'S SOCIALISM

Oh no its not, people should be able to spend as much as their own money as they possibly can without the government choosing to do so. Obviosuly we need taxes, to fund the roads and so forth but theres a difference between building roads, funding nursing homes and so forth here compared to giving millions to the EU, India and Zimbabwe. Most people wouldnt even mind paying high taxes like we do if it was spent on the UK and spent well, but it isnt.

[AlexOC]

This is actually unbelievable. The last thing you want when your relative has died is a huge bill.

I know nothing of Politics, but 'Labour' sound terrible so far.

[alexxxxx]

Oh no its not, people should be able to spend as much as their own money as they possibly can without the government choosing to do so. Obviosuly we need taxes, to fund the roads and so forth but theres a difference between building roads, funding nursing homes and so forth here compared to giving millions to the EU, India and Zimbabwe. Most people wouldnt even mind paying high taxes like we do if it was spent on the UK and spent well, but it isnt.

dan im not havin any of your rubbish, you know as well as i do that high taxes, lots of government spending - socialism has no place in britain NEVER HAS DONE, NEVER WILL DO. SAY NO TO LiBALabC0N

[-:Undertaker:-]

dan im not havin any of your rubbish, you know as well as i do that high taxes, lots of government spending - socialism has no place in britain NEVER HAS DONE, NEVER WILL DO. SAY NO TO LiBALabC0N

That is socialism yeah and thats why I support the opposite, I dont see your point(?) that you are putting(?) across.

[dbgtz]

I think no more benefits at all tbh, that'll solve their problem. Isn't this similar to inheritance tax? Tbh the government kinda fails in a sense coz they wanna help businesses and stimulate growth and people have to spend in order to do so, but taking more money from people surely means they will spend less in shops and stuff? Me for prime minister so I get us out of this ****** overly taxed nation.

[-:Undertaker:-]

I think no more benefits at all tbh, that'll solve their problem. Isn't this similar to inheritance tax? Tbh the government kinda fails in a sense coz they wanna help businesses and stimulate growth and people have to spend in order to do so, but taking more money from people surely means they will spend less in shops and stuff? Me for prime minister so I get us out of this ****** overly taxed nation.

Spot-on, if you give people the ability to spend their money then it'll help business and even create business - its whats happened in the 1980s and the wealth of the country increased greatly. More money = you can spend more = shops make more profit = shops can expand = more jobs and so forth (otherwise known as the trickle down effect, part of Thatcherism). Its a very simple cycle and this Labour government doesnt understand it, just like the last Labour government.

You have my vote. :8

[Hecktix]

I see the flaws but I also see the benefits.

My arse will it affect 70% of voters mind. I highly doubt 70% of the voting public own an estate worth £500k+.

Free nursing homes etc is something needed in my opinion and this seems a plausible way to get it.

As Gomme said, the tories would only do something similar to this.