And if so was the pressure over his sexuality a factor in him caving to the Tory
right on Capital Gains Tax?
Not exact matches
Ed Balls's insistence
on Radio 4's Any Questions
on Friday night that he and his cabinet minister wife Yvette Cooper had paid # 80,000 in
capital gains tax when they sold their London second home - «because that was the
right thing to do: there was no reason to avoid the
tax for us» - will be seen as similarly unhelpful to other ministers criticised for not paying
tax on sales of their second homes.
CC, you were
right, I failed to calculate the
tax on capital gains and dividends.
It is a question with no
right or wrong answer because a number of variables (interest rates applicable till the mortgage is paid down, annual returns from a diversified portfolio during the same period, future
tax rates
on income, interest, dividends and
capital gains, the annual churn in a portfolio etc.) are unknown at this point.
Note that you'll still be paying
taxes on the
capital gains, just not
right now.
Also notice that if we can't rely
on central bankers, et al to get credit
right, at least we've removed any incentives to drive the price of housing through the roof due to interest deductibility, negative gearing and
capital gains tax holidays.
And, says Morrill, that means that The Voice for Real Estate ® gets heard
on issues like reducing
capital gains taxes, expanding the FHA program, protecting the mortgage interest deduction, and safeguarding the
rights of all private property owners.