There are many elderly and not so elderly people living in our Royal Borough. Often their only asset is a flat-or possibly small house, purchased or left to them years ago. In the intervening years inflation and overseas demand has pushed up the value of that asset, whilst, at the same time, eating away at their smallish fixed income.
We all know at least someone in the Borough in that position.
A by product of Cameron's lust for power was being forced to work with some unattractive and minimally qualified opportunists able to wangle their way into power.
What a bunch! Ex National Parks PR man, Danny Alexander running the Treasury and 'so so' economist and ballroom dancing aficionado, 'Doc' Cable are just two that come to mind.
|ANOTHER STUPID IDEA FROM AN ECONOMIST|
'Doc' Cable has now come up with a ludicrous idea that will cause havoc to the lives of many elderly cash and income poor Borough residents.
According to Cable anyone with a property worth just over £2 million is 'super rich' and should thus pay a mansion tax of 1%. If this man gets his way it will mean that those who just cannot afford it will have to find £20,000 a year...in addition to the tax they already pay on their small fixed income.
The Dame has many elderly neighbours terrified that they will have to sell up their home of many treasured memories and move away.
The Dame challenges the Lib Dem councillors to come into the open and oppose an idea that will impact most savagely on a group of people far removed from Cable's stated target: the investment banker,
This is the moment when all Borough resident associations should come together and collectively denounce this mad and ill thought through idea.
Perhaps our very part time £130,000 a year Council Leader might give us his view. But probably not because Cockell and Cable have one thing in common:they both live off the back of us taxpayers