The Mudcat Café TM
Thread #97413   Message #1996875
Posted By: The Fooles Troupe
14-Mar-07 - 05:34 PM
Thread Name: BS: Are you a 'natural person'?
Subject: RE: BS: Are you a 'natural person'?
"DURING AN AVERAGE LIFETIME THE FINANCIAL ESTABLISHMENT ARE STEALING £180,000 FROM EVERYONE WITH A PENSION AND A MORTGAGE"

Funnily enough Little Fascist Johnny and his mad mates have finally realised that ripping off Superannuation by triple taxing it is only pushing people to NOT have sufficient super, thus ensuring that they will all want pensions, so now they have decided that as from NEXT year, payouts will now be tax free. A bit late for many...

The clever rich bastards who can use tax credits to pay mortgages on any property used for investment definitely DO have an advantage over all the poor bastards who cannot have a tax credit for the mortgage payments on their own principal residence....

Interestingly, if you are on a pension (but not if you are just unemployed!) you can get extra 'rent subsidy' to help someone ELSE pay off a mortgage on a property you RENT, but you are screwed for paying off you OWN mortgage where you live. If you think about it, those paying off their OWN mortgages in difficult financial situations probably need the help MORE to stop them losing their OWN home.

None of this is due to 'conspiracies', it's just bloody stupid minded laziness on the part of politicians, who are almost always form a 'richer' class than many of the people they represent!