Rat and Mouse
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Wed
29
Jun
Government want your property profits

Liz Dolan, writing in today's Telegraph, thinks she knows why governments have been so keen to turn us all into homeowners. It's so they can watch us plough all our earnings into our "investments", and then tax us on the profits... An article that examines rumours of capital gains tax on family homes, punitive council taxes and government equity release schemes, concludes thus:

Whatever the truth in this particular case, you can't get away from the fact that the writing is on the wall. The Government is bent on getting its hands on the wealth built up in our properties in as many ways as it can.

It's an interesting read.


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