Reports suggest Labour may introduce capital gains tax on home sales in the Autumn Budget. It sounds like an easy revenue raiser - but the evidence shows it would slash transactions, gum up housing chains, and could even collect less tax overall. Thread:

Bogus idea 1) issue is not whether a child has a right to inherit, it’s whether people have a right to spend their own money as they wish Bogus idea 2) he claims IHT incentivises moral goods like work - in truth it penalises moral goods like saving + looking after loved ones

I suppose the question that many people will ask is why does the government have more of a right to your taxed income than your children do?

Quiz time! Guess the Cabinet member from the anagram: MEDIA BLIND REMARKS TIRE COVERT PEYOTE SWEETEST GRIN ARYAN GENERAL CANED DAFT MP JORDAN SNEER SHELVE CAREER SHIT RIPPLED GOBLIN EEK PERTLY DRONE ANALYST JOHN MAD AMYL DIV First correct set of answers wins...

Coming to a beach near you Spain closes beaches over rare blue dragon sea slug with perilous sting thetimes.com/article/e01d0a…

There’s winning and whining, and then there’s Labour missing the deadline for filing their accounts @hackblackburn tells all to his diary entry today Jeremy Corbyn faces hard Labour thetimes.com/article/23d64e…

Some sounds never get old

I’ve seen so many posts about flags on socials this week….so I thought I would share a poem I wrote from my worst day in Helmand.😢  Our Union flag draped, folded or at half mast still haunts me. 🇬🇧 But it is exactly that, a symbol of unity. Of OUR loss. On Op Herrick we served

Are we ready to be ready?

Labour is claiming that the number of migrant hotels has "halved" on their watch. In fact it halved under the previous Tory government, from a high in summer 2023 by the 2024 election. Under Labour, the number of hotels closed is? 3. fullfact.org/immigration/as…

Jezza is upset that Sultana suggests he isn’t antisemitic enough…

This vile bully reminds us that he’s raising children

Why would you do this? Turn your dog vegan to stop carbon emissions, expert says thetimes.com/article/01ad50…

Hamas is barbaric and should be eradicated completely

I don't even think it was at all unreasonable to do, but when you've put the cap up from £2 to £3 it is some brass neck to say it has cut costs.

The weather is sub optimal for the beach Some might describe it as cold and cloudy

If you laugh you go to hell.

Bravo