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tome Inner Tantalus Time. 25 Oct 17 9.46pm | |
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Originally posted by CambridgeEagle
What you've actually seen is that Landlords are unwilling to give new leases to tenants on UC simply because they don't trust them to make the payments. They're not even getting the chance. As I've pointed out the taper rate means that work doesn't pay. Figures following inflation data showed that real earnings have fallen by most for families working but still on UC, and those just on UC but not working have been more insulated. This isn't right. Couldn't the government compel landlords to retain or accept equal offers regardless of benefit status? I am divided on the idea of giving the cash straight to landlords, doesn't seem likely to engender positive behaviour by either landlords or tenants.
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Ouzo Dan Behind you 25 Oct 17 9.56pm | |
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Living in Norfolk this past year UC was discussed on the radio a fair amount. As someone who believes in a bit of self regulation I struggle to feel sorry for people who spunk their universal credit up the wall the moment they get it. Edited by Ouzo Dan (25 Oct 2017 9.56pm)
The mountains are calling & I must go. |
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cryrst The garden of England 25 Oct 17 10.26pm | |
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Originally posted by jamiemartin721
The problem of course is that people on benefits don't have money to fall back on, and people don't suddenly stop wanting to be paid either.
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Midlands Eagle 26 Oct 17 7.39am | |
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Originally posted by cryrst
Mortgage Protection Insurance
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cryrst The garden of England 26 Oct 17 8.14am | |
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Originally posted by Midlands Eagle
Mortgage Protection Insurance Granted midland
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Midlands Eagle 26 Oct 17 8.55am | |
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Originally posted by cryrst
Not the easiest to get a return on I was made redundant 20 years ago and was out of work for a couple of years and I would have sunk without trace if it wasn't for the mortgage protection insurance
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cryrst The garden of England 26 Oct 17 9.07am | |
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Originally posted by Midlands Eagle
I was made redundant 20 years ago and was out of work for a couple of years and I would have sunk without trace if it wasn't for the mortgage protection insurance Glad it worked for you
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npn Crowborough 26 Oct 17 9.10am | |
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Originally posted by CambridgeEagle
More importantly taxes on unearned income such as capital gains and inheritance needs looking at as it's way too low. It shouldn't be so much lower than income tax. Why you get taxed more on money you work for is grossly unfair. Reforming property tax so that your home isn't exempt from CGT would be a good idea as well and would help cool down the market. I would advocate replacing SDLT with CGT so that you pay taxes on exiting rather than going in,. The bold bit I agree with, but tax rate rises as your earning increase have never made sense to me (I'm even iffy about the 40% band as it stands). The last point is an interesting one, and I'll think on it. I guess one issue would be that in a falling market, you lose tax revenue.
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CambridgeEagle Sydenham 26 Oct 17 9.23am | |
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Originally posted by Ouzo Dan
Living in Norfolk this past year UC was discussed on the radio a fair amount. As someone who believes in a bit of self regulation I struggle to feel sorry for people who spunk their universal credit up the wall the moment they get it. Edited by Ouzo Dan (25 Oct 2017 9.56pm)
The problem is that the UC system doesn't really provide a huge incentive to get back into work because of the taper rate and the transition has been handled terribly. In order to help people get into work and be productive members of society they need a system around them that is helpful and provides the right incentives and the right training/education. I'm not talking about spoon feeding, but living on benefits isn't easy and these people do need help.
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steeleye20 Croydon 26 Oct 17 9.23am | |
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Tinkering with taxes will not make any difference. To deliver a society for the majority not the few requires upheaval. I do think labour can make a big difference on social issues like Attlee and Wilson did.
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CambridgeEagle Sydenham 26 Oct 17 9.29am | |
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Originally posted by npn
The bold bit I agree with, but tax rate rises as your earning increase have never made sense to me (I'm even iffy about the 40% band as it stands). The last point is an interesting one, and I'll think on it. I guess one issue would be that in a falling market, you lose tax revenue.
Good point about falling markets, but I don't really like SDLT as it's a transaction tax that just makes the property market less efficient and more difficult, especially for first time buyers. It's a tough one, but I do think something needs to be done to make the housing market fairer and more efficient. SDLT returns suffer in falling markets as well it should be remembered as the number of transactions falls and prices are lower.
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cryrst The garden of England 26 Oct 17 9.35am | |
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Maybe when someone gets a job the support and money left at the end of the month should be relative and an incentive.
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