Bolitics The New Condem Government

[snowychap]

Actually it was probably indirectly more than that.  He got 20% of a building that he later paid £800,000 for the remaining 80%.  Bit more detail on the various purchases in this Graun piece:

http://www.theguardian.com/commentisfree/2010/oct/09/ed-miliband-journalists-in-glass-houses#start-of-comments

Wasn't that Miliband D (i.e. D bought out the 80% he didn't own - 20% owned by Miliband E and 60% by Miliband mater)? Edited September 24, 2013 by snowychap

[tonyh29]

Looks like he was given at least a quarter of a million one way or another.

Inheritance valued at £160k when sold. What are you thinking of as the other £90k that he was given?

Actually it was probably indirectly more than that. He got 20% of a building that he later paid £800,000 for the remaining 80%. Bit more detail on the various purchases in this Graun piece:

http://www.theguardian.com/commentisfree/2010/oct/09/ed-miliband-journalists-in-glass-houses#start-of-comments

Good article that , even more pertinent when he went on about "privileged few " again today ...

As I said in the other thread , he is the worse sort of politician ( followed by an ah but response of course )

[snowychap]

Good article that , even more pertinent when he went on about "privileged few " again today ...

As I said in the other thread , he is the worse sort of politician ( followed by an ah but response of course )

No 'ah but' but what are you saying? Because it seems to me that you are saying just what I commented about earlier, Tony.

And I know there's a thread for things that piss you off (whether or not they ought to) but this does: effectively the right waves away any criticism of people with wealth, property or high income by way of the two paths I outlined earlier (it's either shallow hypocrisy or it's the politics of envy).

[tonyh29]

Good article that , even more pertinent when he went on about "privileged few " again today ...

As I said in the other thread , he is the worse sort of politician ( followed by an ah but response of course )

No 'ah but' but what are you saying? Because it seems to me that you are saying just what I commented about earlier, Tony.

And I know there's a thread for things that piss you off (whether or not they ought to) but this does: effectively the right waves away any criticism of people with wealth, property or high income by way of the two paths I outlined earlier (it's either shallow hypocrisy or it's the politics of envy).

There's a thread for th......

I already answered your point before ...but It's like a catholic priest telling you to be good or go to hell and then raping choir boys after the service , the hypocrisy of it all is staggering

To my knowledge the right don't sit there lying about millionaire tax breaks and trying to invoke a 1900's style class war by talk of "privileged few" whilst being members of said "privileged few "

[Risso]

He used a deed of variation to minimise IHT.  That's tax avoidance.  All perfectly legal, but "morally repugnant" these days.

[bickster]

He used a deed of variation to minimise IHT.  That's tax avoidance.  All perfectly legal, but "morally repugnant" these days.

How can that be? IHT is due on the estate not the recipient. Who did he grant the deed of variation to, to avoid this IHT given that it was ralph's estate that would have paid any tax? And IHT would have been paid as the Threshold was £150k in 1994 and EM and DM both inherited £160k in property alone which it seems was split 60/20/20.

Don't see how that works

[snowychap]

I already answered your point before ...but It's like a catholic priest telling you to be good or go to hell and then raping choir boys after the service , the hypocrisy of it all is staggering

You didn't and the simile is nonsense. Try that shit with drat - it works as a bit of 'banter' about hypocrisy but I'd like to have a debate about the actual subject(s) rather than that kind of crap.

To my knowledge the right don't sit there lying about millionaire tax breaks and trying to invoke a 1900's style class war by talk of "privileged few" whilst being members of said "privileged few "

Do you really need a response to that, Tony? Are you really, really of the opinion that the 'soundbites' that this government have been having putting about regarding recipients of benefits, employees and more have not been about class?

If your 'knowledge' has you only believing that people on the left discuss it (even if the discussions are mere allusions to it) then I would question this 'knowledge'. Apologies if that gets your hackles up - it really isn't meant to but I'm astonished that you are pursuing the above on anything more than an (understandably biased) vendetta against Miliband E, in particular, and Labour, in general.

[snowychap]

He used a deed of variation to minimise IHT.  That's tax avoidance.  All perfectly legal, but "morally repugnant" these days.

Who he?

Have we identified whether you're talking about Miliband (nasal) or Miliband (rendition flight denier)?

[tonyh29]

He used a deed of variation to minimise IHT. That's tax avoidance. All perfectly legal, but "morally repugnant" these days.

How can that be? IHT is due on the estate not the recipient. Who did he grant the deed of variation to, to avoid this IHT given that it was ralph's estate that would have paid any tax? And IHT would have been paid as the Threshold was £150k in 1994 and EM and DM both inherited £160k in property alone which it seems was split 60/20/20.

Don't see how that works

We were talking specifically about the £2m house here , not any "legal avoidance" they carried out in 94 etc

[CarewsEyebrowDesigner]

The problem is they keep mentioning the priviledged few, when really they mean the Eton boys in Government, but they ignore the whole idea that if you are white, male & middle class, you are born into a system that puts you at an obscene advantage over everyone else.

 

I guess it is hardly a vote winner to tell a large block of your voters that you don't have to be a Tory boy in the City to be a priviledged ****.

Edited September 24, 2013 by CarewsEyebrowDesigner

[tonyh29]

I already answered your point before ...but It's like a catholic priest telling you to be good or go to hell and then raping choir boys after the service , the hypocrisy of it all is staggering

You didn't and the simile is nonsense. Try that shit with drat - it works as a bit of 'banter' about hypocrisy but I'd like to have a debate about the actual subject(s) rather than that kind of crap.

To my knowledge the right don't sit there lying about millionaire tax breaks and trying to invoke a 1900's style class war by talk of "privileged few" whilst being members of said "privileged few "

Do you really need a response to that, Tony? Are you really, really of the opinion that the 'soundbites' that this government have been having putting about regarding recipients of benefits, employees and more have not been about class?.

Well don't know about you but I've been talking about hypocrisy and saying one thing and doing another ... and to my knowledge none of the Tory people bleating about benefit cheats etc are claiming said benefits

[snowychap]

...and to my knowledge none of the Tory people bleating about benefit cheats etc are claiming said benefits

The Tories aren't just 'bleating about benefit cheats' (though that's one of the soundbites, I agree), they're crapping on about people hiding behind drawn curtains and so on.

An accusation of 1900's style class war against Miliband E and others against the rhetoric of the current government (for whom the proletariat and lumpenproletariat appear to have merged)? Blimey.

[tonyh29]

Karl Marx ... Right I'm off to the piss you off thread

[mockingbird_franklin]

He used a deed of variation to minimise IHT.  That's tax avoidance.  All perfectly legal, but "morally repugnant" these days.

Are the use of private family trusts and the use of off-shore tax havens to avoid paying any IHT also morally repugnant?

[snowychap]

Karl Marx ... Right I'm off to the piss you off thread

Don't diss the great man! (That doesn't mean you have to be a Marxist or even agree with his observations).

[tonyh29]

Karl Marx ... Right I'm off to the piss you off thread

Don't diss the great man! (That doesn't mean you have to be a Marxist or even agree with his observations).

Meh another wealthy socialist

[snowychap]

Meh another wealthy socialist

Who? Him?

[tonyh29]

Meh another wealthy socialist

Who? Him?

Yeah , he came from a wealthy family I thought ?

[snowychap]

Yeah , he came from a wealthy family I thought ?

Yep, didn't make him wealthy, though.

Edited September 24, 2013 by snowychap

[tonyh29]

Yeah , he came from a wealthy family I thought ?

Yep, didn't make him wealthy, though.

Bet he wishes his parents had used a deed of variation to minimise IHT then