Jacob Rees-Mogg says HS2 money should be used to scrap inheritance tax
Jacob Rees-Mogg says HS2 money should be used to scrap inheritance tax
As Rishi Sunak confirms rest of HS2 rail link to be scrapped
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Don’t attribute stupidity to mogg when you can attribute malice. He knows exactly what he is saying. Its a grift
Agreed, with Mogg it really is the other way round.
HS2 money should be used to scrap Jacob Rees-Mogg
Obviously a contemptuous idea that'd only benefit his mates but I do wonder how many regular people misunderstand how Inheritance Tax actually works?
I have to own up to having to look at exactly how it works last time I commented on it. The politics Vloggers I watch have stated that people can earn up to £1m, and that it only affects 5% of the population. The truth is that you can earn £500k without paying tax for being a direct beneficiary (sibling, offspring or parent), £1m can be earned if you are married and use your partners allowance or £325 for anyone else. It is not 5%; it is actually 4% of the whole population. It would be interesting to see a devolved breakdown on that as I would assume a majority of this affects England more than the other nations.
I would assume a majority of this affects
EnglandLondon more than the other regions.Fixed that for you. The difference between London and everywhere else is so vast that the people in, say, the north of England would benefit from abolishing inheritance tax no more than people in Scotland or Wales. I'd be interested to know how many people in the south west are affected though, since we have the second highest house prices after London, and a higher percentage of
second homeshouse-hoarding amongst the wealthy compared to the rest of the country. So I'd love to see a devolved breakdown not just by nation, but by region or county.It’s an entirely intentional deception. People get the fear that they’ll not be able to pass on their 3-bed semi-detached*, a dinner table set and the last dregs of a private pension to their kids, so they vote so that rich people don’t have to redistribute wealth.
- Usual caveat for London 🙄
Mu grandparents are terrified of inheritance tax, I've tried explaining to them that it won't affect them, but they just keep reading the daily express and getting scared. The right wing media is obsessed with scaring these old folk into voting against their and their descendants interests.
Breaking: Aged ghost of a bullied Victorian schoolboy wants things his way and nobody else's.
Who cares? We need an exorcism as a country. Get rid of Rees-Mogg.
Breaking: Aged ghost of a bullied Victorian schoolboy wants things his way and nobody else’s.
I'm sure nanny will make it all better.
HS2 is a one-off 'saving'. How could that ever be spent on scrapping a tax?
So scrap chances of eceonomic growth for The North in favour of tax breaks for the rich? Sounds perfectly Tory for me. Do people up there still vote for those cunts?
Majority don't. But we have FPTP and they don't all vote for the same alternative.
And the award for Worst Person of the Year goes to Su... wait, we have a surprise late entrant.
Well, of course he does.
I think HS2 money should be used to put JRM on a one way trip to the sun.
Y’all should probably raise your inheritance tax and buy a high speed train with it. Look at the ostentatious displays of wealth some of your families pass down. Hell one of those families literally passes down crowns and acts like they own half the planet.
Inheritance tax is the only fair tax along with property tax. The money from scrapping HS2 should be spent on decreasing income tax so you reward working people and not people who inherit their wealth.