RE: POG13 Feb 2025 10:38
I agree entirely Tom.
I always try to look at the most extreme extrapolations when things like this are being banded about. All I’m saying is that it could happen. I hope to Christ it doesn’t, but this, and previous governments, are so tax hungry, they need the revenue to support their ludicrous policies, and unfortunately we no longer have the gold reserves to revalue our way out of it. Without drastically reducing public spending, how are they gonna pay for all this?
There’re even discussions about taking away CGT relief on primary residences. Another hypothetical I appreciate, but can you imagine!!