Leftist economic ideas are based on the worst human emotions, the UK edition

[Gups]

Funniest thing is that this would I believe affect a LOT of poor people, as I have seen many such 5+ bedroom houses divided into house share arrangements. Will the owners cough up the tax or raise the rent to pay for it, I wonder?

I doubt there are many poor people living in £2m houses. At conservative yield of 3%, the rent would be £60,000 pa. or £12K a bedroom.

5 bed houses for house share tend to be in zones 3 and outwards and won't reach the £2m mark. There are less than 100,000 houses of that value in the whole of the UK most of them owner-occupied. So very unlikely to affect a LOT of poor people

[DGuller]

And "already taxed income" IS a valid argument.

If you say so.

[Tamas]

And "already taxed income" IS a valid argument.

If you say so.

Point is, it is a stupid popular shittie thing. They just had to figure out something envious people would approve, and use it as an excuse for what will pay for their election-promise spree-spending. Hence the thread title.

[Admiral Yi]

If they're not then they shouldn't have a problem with helping poor sick people :p

At what income or wealth level does that logic no longer apply?

[Tamas]

If they're not then they shouldn't have a problem with helping poor sick people :p

At what income or wealth level does that logic no longer apply?

Just above Tyr's

[Admiral Yi]

Just above Tyr's

Probably couldn't assemble an electoral majority at that level.

[Josquius]

If they're not then they shouldn't have a problem with helping poor sick people :p

At what income or wealth level does that logic no longer apply?

It doesn't.

[Admiral Yi]

If they're not then they shouldn't have a problem with helping poor sick people :p

At what income or wealth level does that logic no longer apply?

It doesn't.

Yes.

[mongers]

It's reassuring in a way, that we have so few librarytarians over here, we have to import them. 

[DGuller]

And "already taxed income" IS a valid argument.

If you say so.

Point is, it is a stupid popular shittie thing. They just had to figure out something envious people would approve, and use it as an excuse for what will pay for their election-promise spree-spending. Hence the thread title.

Probably, but that says nothing about the validity of the argument that taxing taxed money is an unspeakable evil.

[Tamas]

And "already taxed income" IS a valid argument.

If you say so.

Point is, it is a stupid popular shittie thing. They just had to figure out something envious people would approve, and use it as an excuse for what will pay for their election-promise spree-spending. Hence the thread title.

Probably, but that says nothing about the validity of the argument that taxing taxed money is an unspeakable evil.

Its not. It is merely unethical.

[Tamas]

It's reassuring in a way, that we have so few librarytarians over here, we have to import them. 

I bet people opposing the "bedroom tax" support this idea.

[Martinus]

Those houses were bought from taxed incomes.

Not necessarily so.
Lots of expensive property in the UK is in the hands of wealthy foreigners and lots of our wealthy take part in various tax avoidance and overseas banking schemes.

Exactly what I thought, unless bribes to Putin and donations to Al Queda count as "tax".

[Tamas]

Those houses were bought from taxed incomes.

Not necessarily so.
Lots of expensive property in the UK is in the hands of wealthy foreigners and lots of our wealthy take part in various tax avoidance and overseas banking schemes.

Exactly what I thought, unless bribes to Putin and donations to Al Queda count as "tax".

If it is illegal, sue them. If there are loopholes, fix them. Everything else is bullshit excuse for dirty populism aimed to please the plebs.

[Josquius]

Better populism that actually does propose to do a good thing than the standard brand of right wing "Foreigners are all benefits grubbing gypsies!" populism.