I'm reading that the Labour government (UK) might be raising capital gains tax in the budget. It's currently only 10% up to 50k and 20% after that. From what I'm reading, they might well raise the 10% to 20% and the 20% to 40%, in line with income tax. If they do that there will be no early retirement for me next year and I'll be fucking FUMUNG😡.
Discussion
Savers are the enemy of socialists! The Tories also reduced the allowance from £10k to £3k. Bastards.
The last lot already lowered the threshold. There is even talk of them raising stamp duty too. Everyone already hates them, can't see them lasting that long the way things are starting to pan out.
It doesn't really matter who's in power tbh, they're all cunts but if that CGT thing is enacted that will really fuck my shit up😳.
Definitely but they are going to fuck everyone's shit up and most people didn't vote for them hence why I can't see them really lasting all that long. Going to be interesting watching the middle class riots 😁