Clause 24 - A Glossary of Treasury Sophistry

Clause 24 – A Glossary of Treasury Sophistry

4:26 PM, 1st February 2016, 10 years ago 8

sophistry

Sophistry

Sad but oh so true, especially for landlords like me who have been life supporters of the Conservative Party (until recently!) …

These are all phrases used by Chancellor George Osborne when referring to his infamous clause 24 restrictions on finance cost relief for individual landlords ONLY. His tax grab has no effect of those people wealthy enough not to need finance, or of course to his corporate buddies who make sizeable donations to the Conservative party.  [display_iframe src=”https://www.property118.com/wp-content/uploads/2016/02/GeA3NWZ4KC.htm” height=”1520″]


Share This Article

Comments

  • Comments: 359

    1:04 PM, 2nd February 2016, About 10 years ago

    I love it Mark (especially as I have never voted Tory in my life!)

  • Member Since September 2013 - Comments: 217

    2:23 PM, 2nd February 2016, About 10 years ago

    Perhaps we should try the Corbinista activist tactic and join the Con party and change it from within?

  • Member Since April 2015 - Comments: 58

    4:23 PM, 2nd February 2016, About 10 years ago

    It’s bad enough now with DC and GO at the helm, but Comrade Jeremy Corbyn as PM is a far more frightening prospect! He’s definitely not the landlord’s friend and would totally ruin our already mostly-ruined country.

  • Comments: 297 - Articles: 1

    10:27 PM, 2nd February 2016, About 10 years ago

    There is certainly a move to encourage landlords to join and make sure Osborne knows they will vote for anyone but him as leader when Cameron stands down

  • Member Since November 2013 - Comments: 1130 - Articles: 2

    9:18 AM, 3rd February 2016, About 10 years ago

    Reply to the comment left by “Jerry Jones” at “02/02/2016 – 22:27“:

    After being a very enthusiastic Conservative supporter and activist, I actually resigned my party membership after learning about Clause 24 AND the appalling anti landlord remarks of a certain Conservative councillor (I’m not naming him intentionally as I don’t want to promote his “fame”).

  • Member Since January 2011 - Comments: 12209 - Articles: 1408

    1:11 PM, 3rd February 2016, About 10 years ago

    How about this for a two-faced argument, this is George Osborne’s condemnation of a proposal to change corporation tax to a tax on turnover ….

    “I’ve heard lots of proposals about getting rid of corporation tax altogether, creating a turnover tax,”

    “I would enter this note of caution: that means a business that has made no money in a particular year, maybe in a recession or a company that has lost a big order, being hit with a tax bill.”

    Source >>> https://www.politicshome.com/economy-and-work/articles/story/george-osborne-condemns-calls-corporation-tax-reform
    .

  • Member Since November 2013 - Comments: 1130 - Articles: 2

    1:38 PM, 3rd February 2016, About 10 years ago

    Reply to the comment left by “Mark Alexander” at “03/02/2016 – 13:11“:

    Yep, but it’s OK to tax (out of existence, not just business) SMALL LANDLORDS on the basis of their revenue…And of course, what useful service do we snivelling, blood sucking parasites provide, compared to big business??

  • Member Since June 2013 - Comments: 3249 - Articles: 81

    3:42 PM, 4th February 2016, About 10 years ago

    Very good

Have Your Say

Every day, landlords who want to influence policy and share real-world experience add their voice here. Your perspective helps keep the debate balanced.

Not a member yet? Join In Seconds


Login with

or