If someone is well enough off to own a second house, it’s a little hard to see why they are regarded as being one of the ‘lowest’ members of society (your words, not mine). Can you refine your example?
As far as I can tell, Mark, you edited your post after I had replied to it.
It doesn't apply to the family home, it only applies on a realisation basis, it only applies on a forward basis. Someone who earns a lump sum by realising a capital asset is earning income, and will pay tax on that income in the form of a CGT. The rate is set at a low level (15%) in part to accommodate exactly that sort of situation.
Oh. Stephen - snap! Also, Russell - snap!
Jesus wept. Mark, ask me any f^%&$ing!!! thing about the CGT and I will answer it for you. In detail.
Also, I know for absolutely certain sure that Stephen Judd, who has the utmost integrity, and who has a huge reputation here, was not any sort of "puppet master" behind James writing this post. I haven't been in contact with Keir, so I don't know for sure, but I'm sure as can be that he wasn't behind this post either.
Give James the credit for being a grown man who is entirely capable of making decisions for himself.
Great comment, Lynn. I'm going to have to think about that while I'm weeding the garden (literally, not metaphorically, 'though you're welcome to take it metaphorically if you like).
Welcome to PAS.
It's taking me a while to think this post through . Some of things I want to say are quite political, so I don't actually want to say them here. Because that seems wrong to me.
But you made me realise that I need to acknowledge this post, and to offer my thanks to June for writing it.
What I meant by that was when you are struggling you just don't have the time to think far beyond your needs, quality of life if you like.
Exactly so. There's a good piece in The Guardian about this.
Why do so many poor people eat junk food, fail to budget properly, show no ambition? Linda Tirado knew exactly why… because she was one of them. Here, in an extract from her book, Hand to Mouth, she tells her story in her own words
Also, the “man ban” slam was coined to describe allowing Labour Electorate Committees to choose to have a female only shortlist if they wanted. If they wanted.
Incidentally, a policy also suggested by the UK Conservative Party, which is concerned about its lack of women MPs.
But I’m in the Rangitikei electorate , and I never heard of Deborah Russell until I read this thread.
Articles in every local newspaper, advertising in every local newspaper, leaflets into every single letterbox in the electorate, attended every single event I was invited to, set up various events, held about 50 street corner meetings in towns and villages in the electorate, visited schools throughout the electorate, did so much work that the incumbent National MP was forced to lift his game, even had the incumbent National MP saying nice things about me. (I had nice things to say about him too: he is a gentleman, and although we fought hard over policy at debates, all of us in Rangitikei ran a very civil campaign.)
I really worked hard to get myself known, and judging by the number of people greeting me by name in the last couple of weeks of the campaign, and saying things like, "Hey, you're that Labour lady," I think did pretty well.
Finding out about candidates in your electorate is a two way responsibility. There was plenty of information out there about me, all of it easily found, and most of it put right in front of people in the electorate.