• 2 Posts
  • 124 Comments
Joined 1 year ago
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Cake day: June 14th, 2023

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  • Not the same - a bank needs it to be roughly right across a portfolio of loans, I need it to be exactly right for me.

    Property tax etc is an understood part of owing a property- an intrinsically valuable thing. I’m strongly in favour of land tax - it encourages the productive use of land. I can’t live in shares, and I can’t eat them. At some point I may make some actual money from them and at that point I should pay tax. I should not be taxed now on possible future gains, anymore than I should be taxed now on a possible pay raise if I get a promotion.

    Fairer and more effective tax is essential- and to advocate for it effectively a grasp of the basics is essential. Otherwise you’re counter productive. I feel I’ve made my points and shall withdraw