by LordRaven » Sun Nov 26, 2017 12:28 pm
Cannydc wrote:Will the little man get hammered again, with diesel price rises ?
Will he blame Brexit ?
Will the self-employed get taxed properly, at last ?
Will he take on Labour policy by simplifying tax on corporations to ensure they pay their fair share ?
Will the public sector be expected to continue to pay for the banker's excesses by keeping the 1% pay cap ?
Who will the big winners be ?
Will there be another 'smoke and mirrors' announcement on house building ? Here's how the last one has gone...
http://www.independent.co.uk/news/uk/po ... 66571.htmlFrankly, I'm not hopeful.
Agreed, I think it will take decades to sort out the economic disaster they inherited - if ever!
Their housing policy is woeful, a small cut on stamp duty will do nothing to the very stagnant housing market.
We all know a vibrant housing market has a positive knock on effect in associated industries - building, retail, transport etc - and I really do think they ought to abolish stamp duty for buyers and get sellers to pay it instead.
This would make it less costly for buyers and vendors selling would also not pay stamp duty on their onward purchase.
And as for the chancellor wanting a building programme? What’s the point if people simply can’t afford to buy?
At this moment there is downward pressure on prices and that could go on for a while, hence transactions have dipped dramatically. This trend looks likely to continue for sometime to come.
The chancellor clearly doesn’t understand how Vibrant housing market is good for jobs and the wider economy
[quote="Cannydc"]Will the little man get hammered again, with diesel price rises ?
Will he blame Brexit ?
Will the self-employed get taxed properly, at last ?
Will he take on Labour policy by simplifying tax on corporations to ensure they pay their fair share ?
Will the public sector be expected to continue to pay for the banker's excesses by keeping the 1% pay cap ?
Who will the big winners be ?
Will there be another 'smoke and mirrors' announcement on house building ? Here's how the last one has gone...
http://www.independent.co.uk/news/uk/politics/housing-starter-homes-budget-philip-hammond-a8066571.html
Frankly, I'm not hopeful.[/quote]
Agreed, I think it will take decades to sort out the economic disaster they inherited - if ever!
Their housing policy is woeful, a small cut on stamp duty will do nothing to the very stagnant housing market.
We all know a vibrant housing market has a positive knock on effect in associated industries - building, retail, transport etc - and I really do think they ought to abolish stamp duty for buyers and get sellers to pay it instead.
This would make it less costly for buyers and vendors selling would also not pay stamp duty on their onward purchase.
And as for the chancellor wanting a building programme? What’s the point if people simply can’t afford to buy?
At this moment there is downward pressure on prices and that could go on for a while, hence transactions have dipped dramatically. This trend looks likely to continue for sometime to come.
The chancellor clearly doesn’t understand how Vibrant housing market is good for jobs and the wider economy