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Post by overthehill on Aug 20, 2024 21:26:21 GMT
Labour are impersonating the conservatives.
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keitha
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2024, hopefully the year I get out of P2P
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Post by keitha on Aug 20, 2024 22:43:58 GMT
one of my friends has seen a proposal for a revision of Council tax
0.41% of the value of the property up to £500,000 with a minimum £800. 0.51% up to £1 million 0.81% over a million
He's blowing his stack at the thought of a bill of nearly £4,000 a year I did point out that it's 5 times what I would pay and he earns 8 times what my pension is
The minimum effectively assumes every house is worth at least £200,000 which in poorer parts of the country certainly isn't the case
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benaj
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Post by benaj on Aug 21, 2024 6:17:52 GMT
Should women get protection against “extreme misogyny” by the gov? Yes.
Is there any law to protect women against “extreme misogyny ” atm? Probably not, it’s not even recognised as hate crime.
What the Commission for Countering Extremism (CCE) of the UK government think? Those men need mental health treatment.
Have those men got identified in the UK and received any treatment? A big no.
Why we have incel community? I don’t know, but it is believed they are “involuntary celibate” as they can’t form sexual and romantic relationships.
Could they sign up dating apps? Probably yes.
Would they get recovered with the dating app? Probably not, the chance is meeting someone (a real woman in the UK) for average men on Tinder is less than 0.01% unless they are the “top 3% “. Matching someone doesn’t mean meeting someone. let alone forming a real relationship.
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adrianc
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Post by adrianc on Aug 21, 2024 6:57:09 GMT
one of my friends has seen a proposal for a revision of Council tax 0.41% of the value of the property up to £500,000 with a minimum £800. 0.51% up to £1 million 0.81% over a million He's blowing his stack at the thought of a bill of nearly £4,000 a year Works for me. It'd take a grand off our current £3,400.
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pikestaff
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Post by pikestaff on Aug 21, 2024 8:34:38 GMT
one of my friends has seen a proposal for a revision of Council tax 0.41% of the value of the property up to £500,000 with a minimum £800. 0.51% up to £1 million 0.81% over a million He's blowing his stack at the thought of a bill of nearly £4,000 a year I did point out that it's 5 times what I would pay and he earns 8 times what my pension is The minimum effectively assumes every house is worth at least £200,000 which in poorer parts of the country certainly isn't the case Quite the opposite. The minimum amount in the proposal recognises that lots of houses in poorer parts of the country are worth less than £200,000 (actually a bit less than that), and sets the minimum for those houses at £800. To this extent, the proposal (like the existing Council tax) would remain regressive - albeit much less regressive than the present system. There's an article on the proposal (from a centre-right thinktank) here. The proposed tax would actually replace both Council tax and stamp duty. According to the article the proposed annual rates are: 0.44% on property up to £500,000 with a minimum £800 0.54% on the next £500,000 0.81% on the excess over £1 million. The excess over 0.44% for houses over £500,000 would go to central government as a replacement for stamp duty, while councils would keep the 0.44%. Without a minimum rate, councils' tax revenues in poorer parts would (in the absence of redistribution) go through the floor. I suspect that, even with a minimum, councils in poorer areas would be worse off and councils in richer areas better off than under the present system. I think some redistribution would likely be needed. There's no mention of redistribution in the article, but I've not been back to the source. If you were to accept the principle of redistribution, the proposal could be made less regressive by reducing the minimum and raising the other percentages to compensate. If you got rid of the minimum altogether you'd basically be abolishing council tax altogether and going back to the old Rates. I'd be OK with that but it's not something I'd expect a a tory think tank to suggest!
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keitha
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Post by keitha on Aug 21, 2024 9:00:32 GMT
Assuming it happened then at an £800 minimum I would get a 33% cut in my payments ( even if no single person discount ) this would I think halve the tax take of my local council as 85% here are band A or B
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adrianc
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Post by adrianc on Aug 21, 2024 9:32:51 GMT
The CT banding *desperately* needs reviewing. It's still based on 1991 nominal values. House prices have not risen evenly throughout the country, so those areas with bigger rises have a big advantage over those with smaller.
We bought our last house, in the SE, in 1998. Within a month or three, our predecessors in this house, in the Welsh borders, bought this one. They paid 8% more than we did.
When we moved eleven years ago, we sold that SE house for 50% more than we paid here - and our predecessors had built a bloody great big extension adding ~40% to the floor area.
TBH, I think that gap's probably evened out over the last decade. I'd guess here is now worth about 15-20% less than the old place is currently on the market for, with a larger £ increase here - and they've built an extension there...
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keitha
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Post by keitha on Aug 21, 2024 9:55:27 GMT
Accepting a small increase for the upstairs Bathroom here and the solar. If I take the cost of those off the current value then this is up 70% in 7 years
Of course Wales had a revaluation in 2003
the bands are now way out of date, 2003 these properties sold for £30,000-35,000 one across the road is up for £159,000. Gawd knows what England like.
I think here now, even the cheapest houses for sale would be band C, and that's in a deprived / Poor area
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michaelc
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Post by michaelc on Aug 21, 2024 11:03:45 GMT
After a long period of broad stability, the bands are going to be thrown even further off in the next 5 years as the number of houses getting built dramatically changes some areas and less so others.
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keitha
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Post by keitha on Aug 23, 2024 9:25:38 GMT
James Robart, a federal judge, just threw out a $72 million verdict against Boeing. He disclosed trades of up to $15,000 in Boeing stock in his wife's IRA last year, while the case was ongoing
It was an accident !
no wonder our US friends have little faith in the justice system
*IRA individual retirement account similar to the UK SIPP
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Post by bracknellboy on Aug 24, 2024 20:26:57 GMT
continuing the Boeing theme: SpaceX will return stranded astronauts next yearSo a decision has finally been made. The Boeing Starliner will return empty at some point, and Nasa has resorted to hailing an Uber. Just happens to be a Musk shaped one, and it's going to take till February to arrive. Not been a great few years for Boeing, one has to say.
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Post by bracknellboy on Aug 26, 2024 20:46:38 GMT
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Post by overthehill on Aug 27, 2024 9:47:28 GMT
Labour is already not comfortable with leading but prefers to follow and be dependant on the US and China.
Just waiting for announcements of new coal mines opening and huge investments in Chinese owned projects.
Planet of the Apes may turn out to be a better option than Labour
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adrianc
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Post by adrianc on Aug 27, 2024 15:02:09 GMT
Labour is already not comfortable with leading but prefers to follow and be dependant on the US and China.
Just waiting for announcements of new coal mines opening and huge investments in Chinese owned projects.
Planet of the Apes may turn out to be a better option than Labour
The important line in the article... "The Department for Science, Innovation and Technology (DSIT) said the money was promised by the previous administration but was never allocated in its budget."So it was never any more than an unfunded press release... Given the financial mess left, it's the sensible choice. Trying to pretend the UK can play - in isolation from the rest of Europe - on a global scale was only ever a pipedream anyway.
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benaj
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Post by benaj on Aug 27, 2024 15:18:53 GMT
Well, we could have swapped Trident for better AI program for the money worth, just my opinion, still with plenty of pocket money left for Storm Shadow. Such a usefel little rocket. Spend more money for AI or rocket science.
... especially if the goal is to get better in the future. Why lose something which could be precious for the future?
Quote from 10DS speech today:-
by shelving £1.3bn tech and AI projects? How?
the best bit protecting our money in the bank account is clearly not in the speech.
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