Clause 24 – A Glossary of Treasury Sophistry

by Mark Alexander

16:26 PM, 1st February 2016
About 3 years ago

Clause 24 – A Glossary of Treasury Sophistry

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Clause 24 – A Glossary of Treasury Sophistry

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″]



Comments

Denise G

13:04 PM, 2nd February 2016
About 3 years ago

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

Mike W

14:23 PM, 2nd February 2016
About 3 years ago

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

Alan R

16:23 PM, 2nd February 2016
About 3 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.

Jerry Jones

22:27 PM, 2nd February 2016
About 3 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

Mandy Thomson

9:18 AM, 3rd February 2016
About 3 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").

Mark Alexander

13:11 PM, 3rd February 2016
About 3 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
.

Mandy Thomson

13:38 PM, 3rd February 2016
About 3 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??

Mick Roberts

15:42 PM, 4th February 2016
About 3 years ago

Very good


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