@Clearyconomics @PCollinsTimes even if that income has already been taxed at, say, 45%?
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@JuliaHB1 I didn't say that. I just said treat it as income. -
@PCollinsTimes yes you effectively did. A tax of 100% means it is impossible to hand money down to your kids.
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@JuliaHB1 Why has LBC become an extension of the Daily Mail? It seems that the UK media is just another arm of govt. nowdays. -
@BeenGauked bless you and your little parody account but I haven't worked at LBC since 2014. Do try to keep up. -
@JuliaHB1 and there I was thinking you were Nick Ferrari with a sex change
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@JuliaHB1 is working wrong? you'd pay a lot more tax earning 300k than inheriting it. -
@BlackRaven999 the £300k inheritance has already been taxed as income therefore taxed twice. -
@JuliaHB1 so VAT is wrong because you've already paid tax? or stamp duty? besides the person inheriting the money hasn't paid a penny
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@JuliaHB1 Is he joking, I can't figure it out otherwise? It's not even a lefty idea, it's kinda nuts (SNP-like?)Thanks. Twitter will use this to make your timeline better. UndoUndo
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@JuliaHB1@PCollinsTimes bloody middle class parents, only having children they can afford 2 support themselves without relying on benefitsThanks. Twitter will use this to make your timeline better. UndoUndo
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@JuliaHB1 No, its not wrong. I Understand being taxed on interest earned from it, but 'inheritance&'income' are two different things. -
@dearaunty@JuliaHB1 I don't think it's wrong. What is wrong is to condemn what is legal (especially if you do it yourself). -
@PeterCoborn@JuliaHB1 Hypocisy yes. Also feel successive Govts could close loopholes, and yet.................. -
@dearaunty@JuliaHB1 I've got a modest amount in an ISA. I avoid tax that way, and it's legal - a "loophole", if you like. -
@PeterCoborn@JuliaHB1 You dont take the 'queens shilling' & so its between you, your conscience and Inland Rev!
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@JuliaHB1@PCollinsTimes precisely. It's MY money, not the government's. I'll do what I want with it.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@JuliaHB1 Removing incentives to work & better yourself and your family is the reason that Communism works so well.Thanks. Twitter will use this to make your timeline better. UndoUndo
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