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oafc2008

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Posts posted by oafc2008

  1. wow - I didn't come on last night and this thread has exploded.

     

    I am now failing to understand. Can you articulate why people would save more for their retirement in the event of a 100% inheritance tax? My understanding would be, dependent on risk preferences, people would likely save less assuming people maximise their private benefit.

     

    Also, in your simplistic world, I noted that the gross size of national debt does not matter. Could you also explain this to me? My understanding of this is that the size of debt contributes to the amount of interest paid which is taxpayers money not being spent on services today. In addition, the higher the debt of the borrower, the higher the risk to the lender. Therefore the higher the interest rate paid. In this scenario more tax most is diverted meaning more borrowing eeded to sustain cutter services. Let us be clear on this at least. Greece were downgraded as credit agencies thought they couldn't repay and or service their debt. Both of these are directly related to the size of debt. Let's hope the UK with the largest forecast deficit in the EU this year does not get a similar response from the markets

     

    No offence but this debate is old news... Much bigger things going on...

     

    Im oafc0000, having some issues with my account at the moment... Locked it again... Lack of sleep this time :)

  2. Is your house in joint names then? Or do you own half and she owns half?

     

    If one of you dies, will the other have to sell it and give half to the state or are you intending that the survivor will get to keep (aka inherit) the deceaseds half?

     

    You can't have it both ways, it's emergency council housing if one of you goes!

     

    The house is in joint names... Anyway, like I said this is not an election issue so lets move on...

  3. Well, I turned up at the polling station with an opinionated rant (believe it or not :blush:) ready to scribble down as a spoiler.

     

    However I then had a moment of clarity and, considering the ruinous prospect of Gordon getting back in, reluctantly made a tactical vote for the Lib Dems.

     

    I'd like to thank the Pro Labour Massive on here for swaying me into making my vote count. I feel a little dirty having gone against my principle so lets hope it's not in vain. Cheers! :chubb:

     

    I am honestly chuffed you decided to vote...

     

    I am oafc0000... For some reason I can't get in my normal account :huh:

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