Powered by WordPress | Theme by mg12 | Valid XHTML 1.1 and CSS 3
  • Monday, October 8th, 2007 at 17:50 | #1

    Raising IHT thresholds is not a stroke of genius. It’s just plain common sense, and I’d like to know why that isn’t Lib Dem policy too.

  • Monday, October 8th, 2007 at 17:58 | #2

    Because we have a fairer alternative - an accessions tax - something which you would know if you had any real interest in the party other than to denigrate it from within.

  • Monday, October 8th, 2007 at 19:24 | #3

    Alternatively, I might know it if someone were effectively communicating our policies to the general public. So, pray tell – what is this “accessions tax” of which you speak?

  • Monday, October 8th, 2007 at 19:44 | #4

    Yes but isn’t the fact that such a great policy idea is only really known to people who take a serious active interest in the Lib Dems part of the problem we have though? Of course, not necessarily a bad thing that it’s low profile for now. Wish we’d promote it as ’scrapping inheritance tax’ rather than ‘We’re introducing Accession Tax’ like we did with local income tax. ‘we’re introducing Local Income Tax’ says something quite different to ‘we’re scrapping Council Tax’ doesn’t it?

    How come the party that hates Council Tax the most isn’t tapping into the public’s antipathy towards it? *sigh*

    But, on your actual post.. I take it there’s nothing going on in the Lib Dems worth talking about then? :S

    Have you thought about talking about issues? I mean, it’s just an idea of course and I wouldn’t recommend turning into Mr Preachy McPreachypants but maybe just drawing attention to one or two things couldn’t hurt?

    Seriously, if there’s nothing getting your blood boiling then what are you doing being involved with politics?

    Write something… liberal. Yes, that’s it. Try that :P

  • Monday, October 8th, 2007 at 19:49 | #5

    Accession Tax is all about looking at the wealth of the beneficiary, not the size of the estate. It’s brilliant.

  • Monday, October 8th, 2007 at 20:51 | #6

    Hey Charlotte, you sound really nice! Though the way you describe accession tax makes it sound like a form of means testing. I thought we were against that in general?

  • Monday, October 8th, 2007 at 21:54 | #7

    The reason we haven’t been banging on about accession tax is because we have been banging on about cutting income tax, a policy which affects far more people. The message to the public is that when it boils down to a choice between cutting income taxes and cutting wealth taxes, the Lib Dems opt for the former while the Tories opt for the latter. Plus ça change, particularly as we head towards the centenary of the People’s Budget.

  • Monday, October 8th, 2007 at 22:12 | #8

    Hi Lawrence :P Nice is nice, if you can do it nicely.

    Well, you could probably argue that progressive banded income tax was a form of means testing. Depends which way you look at it, I suppose?

    I suppose really it just brings inherited wealth into the sphere of income or capital gains with very generous allowances. It’s a little bit redistributive, but nothing too heavy handed.

    I still think people will say, “but tax has already been paid on it!!” Not sure people really consider the long term consequences of generation after generation passing on their wealth. Can’t help wanting to aim towards ensuring that the ladder goes all the way to the bottom, so that anyone can climb up if they have the desire and will to do so. :)

  • Tuesday, October 9th, 2007 at 09:25 | #9

    Note that the latest poll puts clunking fist on 40%, Dave from PR on 38%, and Ming the Merciless on 13%. So the Great Cameron Bounce is already dead-catting.

Leave a comment

XHTML: You can use these tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>
TOP