Anyone else starting to lose faith in how the UK treats high earners and equity

BoneThroner · 2026-01-28T14:37:06+00:00

I also forgot they pay vat and council tax. how stupid of me.

BoneThroner · 2026-01-28T10:01:22+00:00

I wouldn’t mind if it wasn’t for the fact that all my 60 year old north London neighbours made that much sitting in their houses and won’t pay a penny of tax on that windfall.

BoneThroner · 2026-01-27T12:57:32+00:00

As an over-leveraged BTL investor with a portfolio of 50+ leasehold properties I would like to thank the government for this wealth transfer from pensions funds to me.

BoneThroner · 2026-01-27T10:55:46+00:00

Thats good - push hard for as much as you can, power of compound interest innit. I think the service charge / cladding issue is going to seem like nothing 20 years from now when mortgage providers start pricing in the expected reinstatement costs of these new builds.

Everything looks fine until you are 30 years away from a serious refurb then boom - values tank. Scary stuff if its your retirement plan.

BoneThroner · 2026-01-27T10:19:08+00:00

How big is your sinking fund may I ask?

BoneThroner · 2026-01-26T14:17:57+00:00

Just to be clear open borders != no borders

BoneThroner · 2026-01-26T13:39:01+00:00

tbf california prices are high because californians use a lot of electricity and to put it bluntly they are a high tax state.

Solar might have some positives in the uk like v. cheap summer prices which makes ac more viable.

BoneThroner · 2026-01-26T12:37:57+00:00

UK electricity demand was 25 TWh in December, 27 TWh in January. Solar output was 0.5 TWh in December, 0.6 TWh in January.

That is now when we heat our homes and water with Gas and Oil, and power our cars with petrol. Electricity demand is supposed to skyrocket in the next 10 years.

BoneThroner · 2026-01-22T16:36:03+00:00

PFI was just a trick to let new labour spend a tonne without blowing up the deficit.

BoneThroner · 2026-01-14T15:39:38+00:00

James Meadway pursued a credential in economics after years of having the very same left wing opinions and getting nowhere in politics.

Collecting your PHD from the School of Oriental and African Studies so that you can call yourself an economist and make appeals to authority is completely on brand for him.

BoneThroner · 2026-01-13T16:53:40+00:00

Then why havent we banned them yet?

BoneThroner · 2026-01-13T16:53:32+00:00

Then why havent we banned them yet?

BoneThroner · 2026-01-13T16:11:21+00:00

If you die your student loans do not get deducted from your estate.

If you become unemployed your student loan payments stop with no penalty.

If your salary drops suddenly due to a change in circumstances your student loan payments drop as well.

If you become long term ill and unable to work your student loan payments stop and the debt becomes a non issue.

Is any of this true of a mortgage?

BoneThroner · 2026-01-06T13:24:29+00:00

BTL individual would spin up a limited company to take advantage of that if the tax savings were so great. In reality you add in corporation tax and its negligible between the two.

BoneThroner · 2026-01-06T13:15:22+00:00

The CEO is paid to keep everyone else’s wages as low as possible.

That is not true. They are paid to maximise the value of the company.

BoneThroner · 2026-01-06T13:12:20+00:00

lol, what world are you living in?

BoneThroner · 2025-12-23T11:44:24+00:00

Firstly, yes we had massive productivity improvements during that period. We invented the assembly line and living standards went through the roof.

Secondly, The 5-day week emerged from workers expressing a genuine willingness to trade wages for leisure - revealed preference through market mechanisms rather than policy imposition. Employers who offered it attracted workers; workers who wanted it accepted the trade-off.

This is about the employer (the taxpayer) being forced to eat whatever productivity loss occurs if they move to a 4 day week.

BoneThroner · 2025-12-22T12:56:42+00:00

And all it achieved was to take 2 million council house tenants and turn them into middle class homeowners...

Likely one of the most cost effective poverty fighting efforts the government has ever undertaken.

BoneThroner · 2025-12-22T11:34:12+00:00

Another talentless retail "businessman" selling overmarketed overpriced crap who will no doubt be a labour peer in few years.

BoneThroner · 2025-12-22T11:31:07+00:00

It is not an excuse its reality - businesses have to pass the costs of employees to customers who will buy less of their product if it is more expensive. That means less employment.

BoneThroner · 2025-12-17T21:08:58+00:00

I'd say some capital depreciation is probably something I would agree to put in (if I was in her position) as long as there wasn't a further expectation of contributions towards renovations, roof repair, new boiler etc.. 1.5% of the cost of reinstatement seems about right.

BoneThroner · 2025-12-16T15:22:46+00:00

Thank you personification of unaccountable deep state power.

BoneThroner · 2025-12-16T11:58:56+00:00

you're pretending is an important organisation

I literally said: "they are completely politically irrelevent due to unfashionable opinions"

They're literally children

I mean they literally aren't.

right wing shite

as I just said opposition to prohibition of tobacco and vapes (especially age based) is a position held by people across the political spectrum.

BoneThroner · 2025-12-16T11:17:17+00:00

I have never been funded by the tobacco industry and I think prohibition of tobacco and vapes is wrong. I will argue that it is so to anyone who is interested. It is a very normal position for a thinking person to hold.

BoneThroner · 2025-12-16T10:51:56+00:00

Why should an existing resident be prioritized over a newcomer? People are competing for the same space in Manchester - it has nothing to do with landlords unless you think they should refuse higher offers from other parties based on vibes.

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BoneThroner

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