UK Politics

3089 readers

40 users here now

General Discussion for politics in the UK.
Please don't post to both !uk_politics@feddit.uk and !unitedkingdom@feddit.uk .
Pick the most appropriate, and put it there.

Posts should be related to UK-centric politics, and should be either a link to a reputable news source for news, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread. (These things should be publicly discussed)

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(

founded 1 year ago

MODERATORS

tom@feddit.uk

GreatAlbatross@feddit.uk

flamingos@feddit.uk

CGT Increase (www.theguardian.com)

submitted 1 month ago by Churbleyimyam@lemm.ee to c/uk_politics@feddit.uk

0 comments fedilink hide all child comments

I'm expecting an increase in capital gains tax to get heavily attacked in the media and by the free market (pro-inequality imo) crowd, for predictable reasons. And they may even be right that in the long term the amount of direct revenue it raises is not significant.

BUT if a secondary consequence of this is an offloading of assets (particularly houses) I think it could be great. As the article reports; "Wealth managers have reported a flurry of investors rushing to sell second homes and other assets before the budget."

Am I right in reading this policy as a disincentive to hoarding and rent-seeking?

I don't think Labour will have the guts to come out and say this is something they're actually aiming for.

What do you think?

no comments (yet)

sorted by: hot top controversial new old

there doesn't seem to be anything here