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Originally Posted by TheDaddy
Wouldn't big business pay corporation tax not capital gains and besides I don't think it applies
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you "
don't think it applies"?!
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and even if it isn't, all that is already factored in the price and they still want 20% on top, why?
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No, it isn't factored into the price. Why do they want 20%?.....for the same rason that I want 20% when I develop a property.....anything less than than ,with all the variables involved, there is too much risk for not enough gain.
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they didn't need that amount five or ten years ago, not on each and every house built at any rate.
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and don't always get it now. There are many variables that can affect the final profit on a build or refurb project. You try to plan for all of them but sometimes something happens and the hoped for 20% is eaten into, sometimes it isn't
Last thing you want is to not make anything out of it (or even a loss) and if the big developers make a loss on a project it can cost jobs as well.
---------- Post added at 12:38 ---------- Previous post was at 12:32 ----------
Quote:
Originally Posted by martyh
I consider I have more right to council housing than an immigrant
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But an immigrants need is probably greater than yours. Many come here with nothing and need the house you live in. Surely you can afford a private rent or a mortgage? Setting aside your years of paying into the system, should you
really be in a council property when there are many others out there whos need is
much greater than yours?
From each according to his ability, to each according to his need?