[Diggers350] LJN/Labour tax inherited homes;

Simon Fairlie chapter7 at tlio.org.uk
Mon Sep 28 17:08:06 BST 2020

Lifetime Gift Tax:  Quite right too. Inheritances perpetuate bourgeois privilege. £125,000 is too generous a ceiling if you ask me.

The best thing about a gift tax is that it is rated  according to the wealth of the recipient — not, as now, as  a  percentage of the loot left behind (and then only on an estate worth more than half a million quid). Taxing the recipient means that if the inheritor already has bags of money they pay super-tax on anything they receive, and if they are completely broke they probably pay nothing at all. This in turns means that  if testators want to see their legacy go further, they will leave it to poorer people rather than wealthier.

Millions of children are not going to be forced out of their homes. The number of children orphaned is not in the millions, and no doubt there are or can be safety nets.  As for young adults losing their home, not only is it probably about time they did leave home, but if they want to stay  they could  have priority to remortgage to the local council and the profits could go into council housing. There is no reason why some young adults should get free housing, while others pay a small fortune for  it.   In any case Land for the Many has other  measures that aim to reduce the cost and hence the value of housing across the board. 


> On 28 Sep 2020, at 15:26, Tony Gosling <tony at cultureshop.org.uk> wrote:
> Under current laws, inheritance tax affects 640,000 households, but Labour's proposed Lifetime Gifts Tax (LGT) would affect up to 10 million homes.
> Though the Land Justice Network Facebook page denied it - it was indeed true...
> LJN, George Monbiot and the Labour party teamed up last year to write a Labour policy to tax almost all inherited homes rather than just the most expensive. 
> The result was a sneaky move in 'Land For The Many' which would force millions of children out of homes if their parents die https://landforthemany.uk/summary-of-recommendations/
>  <https://landforthemany.uk/summary-of-recommendations/>Labour tax plan ‘could stop parents passing on homes to kids’
> https://metro.co.uk/2019/07/01/labour-tax-plan-stop-parents-passing-homes-kids-10095642/
>  <https://metro.co.uk/2019/07/01/labour-tax-plan-stop-parents-passing-homes-kids-10095642/>If you think inheritance tax is hated now, wait until Labour tries to bring in a lifetime gift tax with a £125,000 limit
> https://www.thisismoney.co.uk/money/comment/article-7233637/Labours-threat-inheritance-125k-lifetime-gift-tax.html
>  <https://www.thisismoney.co.uk/money/comment/article-7233637/Labours-threat-inheritance-125k-lifetime-gift-tax.html>This is just one contradiction in land campaign policy emerging as 'mogadon' Starmer looks set to hand Boris a decade in power.
> BTW here's why Corbyn lost and no it wasn't the media IMO https://www.rt.com/op-ed/475891-corbyn-general-election-destroyed/ <https://www.rt.com/op-ed/475891-corbyn-general-election-destroyed/>
> Now some on the 'left' have even turned on filmmaker Michael Moore's Planet of the Humans for exposing the massive investment nightmare taking over renewables, every bit as bad as the fossil fuel lobby 
> - basically saying the same money is just shifting to greenwash 
> you can watch PotH here https://www.youtube.com/watch?v=Zk11vI-7czE <https://www.youtube.com/watch?v=Zk11vI-7czE> and download it as an mp4 to watch/edit using this tool https://youtube-video.download
>  <https://youtube-video.download/>Apoplexy is the order of the day among ‘green’ energy zealots following the release of Mike Moore’s ‘Planet of The Humans’.
> In the military they call it “blue on blue”, although when the hard left are pulling the trigger it’s more aptly described as “green on green”.
> But the documentary backed by Moore isn’t so much ‘friendly fire’, as an all-out assault on the billionaire hypocrites who whipped up fear and frenzy over changes in the weather and then, as if by magic, produced the notional ‘solution’ to the calamity in the form of heavily subsidised wind, solar and forest-munching biomass. A ‘’solution’ which, of course, they are all heavily invested in.
> https://stopthesethings.com/2020/04/25/blood-gore-mike-moores-planet-of-the-humans-unmasks-the-power-money-behind-renewables-scam/
>  <https://stopthesethings.com/2020/04/25/blood-gore-mike-moores-planet-of-the-humans-unmasks-the-power-money-behind-renewables-scam/>How did Michael Moore become a hero to climate deniers and the far right?
> https://www.theguardian.com/commentisfree/2020/may/07/michael-moore-far-right-climate-crisis-deniers-film-environment-falsehoods
>  <https://www.theguardian.com/commentisfree/2020/may/07/michael-moore-far-right-climate-crisis-deniers-film-environment-falsehoods>Our founder, George Monbiot has used his Guardian column to condemn the film, accusing Michael Moore of being in league with the far right, yeah right, there has been no actual debate whatever
> But possibly the most important discussion is about population - as so called environmentalist Prince Charles appears to insist that three quarters of the world's population drops dead for his convenience
> Prince Charles warns that we will need 'four planets like earth to survive' as we just 'take and take' and urges companies to focus on the 'green recovery' following coronavirus
> The Prince of Wales spoke via recorded message from Balmoral, Aberdeenshire
> He stated that at current rate we would need 'four planets like earth to survive'
> https://www.dailymail.co.uk/femail/article-8757107/Prince-Charles-warns-need-four-planets-like-earth-survive.html <https://www.dailymail.co.uk/femail/article-8757107/Prince-Charles-warns-need-four-planets-like-earth-survive.html> 
> Philip at a Nazi funeral and the day his sister had lunch with Hitler: TV documentary reopens painful chapter of duke's family past
> https://www.dailymail.co.uk/news/article-3167585/Philip-Nazi-funeral-day-sister-lunch-Hitler-TV-documentary-reopens-painful-chapter-duke-s-family-past.html <https://www.dailymail.co.uk/news/article-3167585/Philip-Nazi-funeral-day-sister-lunch-Hitler-TV-documentary-reopens-painful-chapter-duke-s-family-past.html> 
> Okay, I'll wind up this, my call to debate, with this recent article about food and population on Medium - (below)
> If anyone else would like to help organise these sorts of socially distanced debate events do please let me know
> with love
> Tony Gosling
> www.thisweek.org.uk <http://www.thisweek.org.uk/>
> www.bilderberg.org/PI <http://www.bilderberg.org/PI>
> www.911forum.org.uk <http://www.911forum.org.uk/> 
> 07786 952037
> Environmental Justice or Eugenics? Prince Charles Says We Must Reduce World Population By Three Quarters
> http://tlio.org.uk/environmental-justice-or-eugenics-prince-charles-says-we-must-reduce-world-population-by-three-quarters/
>  <http://tlio.org.uk/environmental-justice-or-eugenics-prince-charles-says-we-must-reduce-world-population-by-three-quarters/>We produce enough food to feed 10 billion people. So why does hunger still exist?
> Jeremy Erdman
> Feb 2, 2018 · 4 min read
> https://medium.com/@jeremyerdman/we-produce-enough-food-to-feed-10-billion-people-so-why-does-hunger-still-exist-8086d2657539 <https://medium.com/@jeremyerdman/we-produce-enough-food-to-feed-10-billion-people-so-why-does-hunger-still-exist-8086d2657539> 
> This is the second article of seventeen exploring the challenges of each of the United Nation’s Seventeen Sustainable Development Goals.
> Today, 795 million people are hungry. Another 2 billion are expected to join them by 2050.
> However, global food production is incredibly efficient. The world’s farmers produce enough food to feed 1.5x the global population. That’s enough to feed 10 billion (we are at 7.6 billion currently).
> Despite this excess, hunger still exists.
> How is that possible?
> Goal 2: End hunger, achieve food security and improved nutrition and promote sustainable agriculture
> Our inability to feed the entirety of the world’s population is mostly due to food waste. Globally, 30–40% of all food is wasted.
> In less developed countries, this waste is due to lack of infrastructure and knowledge to keep food fresh. For example, India loses 30–40% of its produce because retail and wholesalers lack cold storage.
> In more developed countries, the lower relative cost of food reduces the incentive to waste. And as portion size grows, more and more food gets thrown out and wasted.
> Our food distribution system is inefficient. But this inefficiency won’t drive 2 billion more people into hunger by 2050.
> Climate change will.
> Change in potential average yields for corn, potatoes, rice, and wheat in 2050
> Climate change will reshape the world’s agricultural landscape. Colder climates will become more favorable to agriculture, but many current agriculture powerhouses will see significant declines in yield.
> The most notably impacted:
> The US’s Midwest region will see at least a 20% decline in corn production.
> Brazil will see a 16% drop in corn production.
> Indonesia will see a 20% drop in corn production
> To safeguard against these changes, farmers will need to both modernize agricultural methods and diversify their fields.
> In terms of outcomes, modernizing methods falls into the same bucket as updating food infrastructure. Both require investment and knowledge to improve yield and food availability.
> But diversifying fields? That incorporates more crops and methods into agricultural processes. And, ultimately, it can reinvent agriculture itself.
> Diversifying and Decentralizing Agriculture
> Diversifying our crops is paramount to our health. According to the UN, 75% of crop biodiversity has disappeared since the 1900s. Agricultural biodiversity contributes to more nutritious diets and builds more resilient and sustainable farming systems.
> However, another necessary component to building resilient and sustainable farming systems is to reduce risk. Climate change-induced impacts will rock many agricultural hubs. To minimize these impacts on food availability, we need to decentralize its production.
> And urban agriculture is a great place to start.
> Urban agriculture incorporates producing healthy food into an environment long detached from its food production.
> Let’s use City Fruit, a nonprofit in Seattle, as an example.
> Seattle has an abundance of fruit trees throughout its neighborhoods and parks. Every year, much of this fruit falls, rots, and wastes. City Fruit saw a need and began diverting this fruit to communities lacking healthy food access.
> In just a few years, City Fruit began harvesting over 55,000 pounds of fruit. This amount of fruit not just feeds thousands, but nourishes them as well. It makes use of local resources, and as a result, improves community resiliency.
> To end hunger, we need to replicate these types of stories across the globe. We need to identify communities’ abundant local resources, strengthen them, and utilize them to improve food access to those who need it most.
> Yes, it will be challenging.
> And yes, it will require innovation.
> But I’m excited to see what the world creates.
> NB please do reply with remove as the subject or first line if you do not wish to recieve further emails - thanks
> https://www.youtube.com/user/PublicEnquiry/videos
>  <https://www.youtube.com/user/PublicEnquiry/videos>"And I think, in the end, that is the best definition of journalism I have heard; to challenge authority - all authority - especially so when governments and politicians take us to war, when they have decided that they will kill and others will die. "
> --Robert Fisk 
> 'From South America, where payment must be made with subtlety, the Bormann organization has made a substantial contribution. It has drawn many of the brightest Jewish businessmen into a participatory role in the development of many of its corporations, and many of these Jews share their prosperity most generously with Israel. If their proposals are sound, they are even provided with a specially dispensed venture capital fund. I spoke with one Jewish businessmen in Hartford, Connecticut. He had arrived there quite unknown several years before our conversation, but with Bormann money as his leverage. Today he is more than a millionaire, a quiet leader in the community with a certain share of his profits earmarked as always for his venture capital benefactors. This has taken place in many other instances across America and demonstrates how Bormann’s people operate in the contemporary commercial world, in contrast to the fanciful nonsense with which Nazis are described in so much “literature.”
> So much emphasis is placed on select Jewish participation in Bormann companies that when Adolf Eichmann was seized and taken to Tel Aviv to stand trial, it produced a shock wave in the Jewish and German communities of Buenos Aires. Jewish leaders informed the Israeli authorities in no uncertain terms that this must never happen again because a repetition would permanently rupture relations with the Germans of Latin America, as well as with the Bormann organization, and cut off the flow of Jewish money to Israel. It never happened again, and the pursuit of Bormann quieted down at the request of these Jewish leaders. He is residing in an Argentinian safe haven, protected by the most efficient German infrastructure in history as well as by all those whose prosperity depends on his well-being.'
> http <http://l.facebook.com/l.php?u=http%3A%2F%2Fspitfirelist.com%2Fbooks%2Fmartin-bormann-nazi-in-exile%2F&h=eAQErj17O> ://spitfirelist.com/books/martin-bormann-nazi-in-exile/ <http://l.facebook.com/l.php?u=http%3A%2F%2Fspitfirelist.com%2Fbooks%2Fmartin-bormann-nazi-in-exile%2F&h=eAQErj17O>  
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