So you’ve spent your entire life building up a company, working your way from the very bottom wrung til you’re in the position you currently preside in, top dog, King/Queen of the Company. You don’t work for a bank, you drive a sports car because you can and sure, you’re mansion has a maid, but you need one for while you’re tending to the horses.
Well, says the government, seeing as your property is worth quite a bit more than the average British home and you’ve spent your entire life working to be able to afford such luxuries, I’m afraid we’re going to have to ask you to give a little more of that back… in taxes…
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It is not difficult to see why the proposed Lib Dem “Mansion Tax” is not being best received. Business Secretary Vince Cable said on Monday 24th at the Lib Dem Party Conference of the tax that:
“It terrifies the Tory backwoodsman but it is popular and right. The super rich can’t move their chateaux to Monaco or Switzerland so let’s get on with it and tax them here.”
Vince Cable, Business Secretary
Consider his implication here; not only are politicians across the board happy to be taxed on properties they most likely bought as they could get a ridiculously good deal on them from not being taxed, he was outright stating that members of the public found this appealing as well. One thinks he might need to get out of the office, because it seems more likely that these “supporters” are in fact also known as “imaginary friends”.
Benefits and taxes. Bored already? Not surprising! But it’s an issue of extreme contention in the UK right now because of the extremely erratic handling of it we’ve seen here since the coalition take-over. They whole system is under immediate review, but there is very much a tug-of-war situation between the Torys and Lib Dems as each side fights for maintain their own parties integrity, solve the real problems at hand, as well as pander to the favour of the public in efforts to keep voters.
One of the long term plans of the government to cut public spending is to “refine” the welfare and benefits system by £10B – in other words, they want to catch out all those cheats that are continually slipping through their nets with utterly ridiculous claims that are somehow legitimate due to legal loop holes that need closing. However, they also plan to raise foreign aid by £12B. How on earth do they think these kinds of numbers balance!? On what planet do those sums make sense? I would say a few quid could be saved in sacking whoever is producing that kind of arithmetic anomaly.
To make these cuts they have decided upon two courses of action – tax top earners to the point where a doctor might as well be making the same as a brick layer, and catch the cretins who are quite simply, at it.
At least they have realised that the real fraudsters are not people who claim disability or incapacity benefit for an illness that some people (usually a vast minority of sufferers) are able to hold down work with. They have finally come to the oh-so-astonishing realisation that it is the families who claim things such as, “We simply must have this £34,000 worth of benefits per year, because there is just no other accommodation suitable for our three kids in the area that is affordable and, of course, it would be just cruel to ask them to share a bedroom, I mean, they are each and entire year apart in age, and they all have their little friends at school and they’re ever so close to them… yes they are only five and six and the little four year old – bless her- hasn’t started yet but see, they’re just so rooted in this are of middle-class suburbia…”
True story, by the way – neither parent in that household had worked in several years and both had claimed some form of incapacity benefit for a period of that time (funnily enough, it was long enough for them to not have to go out and find a job and instead claim job seekers allowance over that period… hm. Funny that, eh?) So while their neighbours were working 40-50 hour weeks and struggling to pay the mortgage that accompanies rural England and the 2.4 kids lifestyle, they were luxuriating in… utter luxury.
Lawyers are now claiming that the same private schools that were once the utopia of our countries great thinkers and legal minds are now out with even their reach. Considering barristers are amongst our countries top earners it would not be silly to find this concerning.
For example, with fees of over £20,000, only 6% of the population are thought to be able to legitimately be able to afford all boys private domain Harrows School and only 7% of children in the UK now attend a fee paying educational facility.
Yet, despite this irrefutable information, as well as statistics showing over a 30% decrease in private school enrolment from the past 20 years and more than 54% of current entrants now coming from millionaire families, the government still feels that an appropriate way to crack down on the benefit fraudsters is to tax the top earners.
I am in no way in favour of those who play the corporate game at the expense of the grafting public, but when those big earners become the ones who also suffer, perhaps after decades of building personal wealth through genuine hard study, that is when we should begin to see an issue of balance.
Because there is a pool of money does not necessarily mean the government should be dipping into it; this seems to be something they do not quite seem to be grasping. Especially when it comes to the fact that it is not actually their money to be slicking their palms with.