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This will come as a huge blow to any of you who had hoped to help your children...Labour leader Jeremy Corbyn is planning a tax raid on 'unearned income' by targeting parents who help their children onto the housing ladder.
He wants to scrap inheritance tax and instead introduce a policy of 'lifetime gifts' which would cover cash or homes given to children over the course of their lives.
The radical policy is contained in a document Land for the Many which has been written by environmental campaigner George Monbiot. https://www.dailymail.co.uk/news/article...adder.html
Be under no illusion this man and his policy's are a great danger to us all
There has never been a more important election than the next one
anyone who has worked hard saved for a home or elsewhere will be raped by Corbyn
I personalty dont think he will win
But to stop Corbyn its going to need a Tory party that starts listening to it core supported ie the Wealth makers ...
Learn Change and Adapt ?????
All comments are for casual information purposes only. If you wish to rely on any advice I have given please ensure you obtain independent specialist advice from a third party. No liability is accepted for comments made.
A coalition Govt. is what would work best for this country, as long as Labour isn't in the majority!
I think its the wrong approach. For the EU to really work in the long term everything needs to be more integrated. Brexit has the country at an impasse. To sort this out, the UK should leave as per the referendum. Then a campaign to rejoin the EU and implementing the euro can begin. You really cannot have folks having their own currencies if its going to work in the long run. If you are not prepared for more integration, then I'm afriad it's probably better to be outside of it, for the good of their project and the UK, which will be free to pursue its own destiny.
It then depends how many of the electorate are content for UK to become - over time - a vassal state of a federalised Europe with a common currency/fiscal system.
There is additional commentary on Labour's "Land for the Many" Report here:Labour view of property ownership
general operations director, site owner and moderator - propertytribes.com
Again Labour raiding the better off, nothing new as we had tax on unearned income before.