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mahatmakanejeeves

(57,944 posts)

21. Housing prices in the UK

Reply to bucolic_frolic (Reply #15)

Mon Jan 23, 2023, 12:24 PM

Jan 2023

Last edited Mon Jan 23, 2023, 01:46 PM - Edit history (1)

{Titles of two replies combined}

12. How do retirees in Canada, UK, and the EU handle their VAT taxes ?

15. They get a far better social safety net and housing is about 50% less than in the US

This seems unlikely. I did not check to see how much the prices are in terms of average annual salaries. I looked only at the UK.

Latest House Prices UK Data: Average House Prices UK with Regional Graphs

House Prices
Last Updated: 18/01/2023

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54 replies

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Highlight:

What would the flat 30% "consumption tax" do to people on Social Security? [View all] Ferrets are Cool Jan 2023 OP

Instead of paying $200 for groceries gab13by13 Jan 2023 #1

Post removed Post removed Jan 2023 #18

That includes no more FICA tax dflprincess Jan 2023 #23

So, the price of everything raising 30% would be a "wash"... SKKY Jan 2023 #27

"Could be" is carrying big weight there dpibel Jan 2023 #32

Not even remotely true. we can do it Jan 2023 #36

And for those of us retired, not in the moonscape Jan 2023 #38

Sales taxes are extremely regressive. Ms. Toad Jan 2023 #40

There is NO wash here. It is so fucked up that ONLY a repug could think of it. Ferrets are Cool Jan 2023 #50

It would devastate the retired and the poor Johnny2X2X Jan 2023 #2

Tennessee does not exempt food from sales tax exboyfil Jan 2023 #8

You may be right Johnny2X2X Jan 2023 #10

Same in Kansas. MuseRider Jan 2023 #20

all food? Including basics like food and milk? CTyankee Jan 2023 #33

I think it is still so exboyfil Jan 2023 #34

Grocery food is exempt from sales tax in Iowa, as are a number of other items. rsdsharp Jan 2023 #37

I was referring to Tennessee where I lived in the late 1990s exboyfil Jan 2023 #39

Should regressive state sales taxes be abolished ? MichMan Jan 2023 #13

Yes, of course and replaced by progressive sales taxes that do not hurt the poor or middle class. CTyankee Jan 2023 #35

How would a progressive sales tax be implemented? MichMan Jan 2023 #41

Wouldn't it be at the time of the sale of the vehicle? A sales tax. CTyankee Jan 2023 #42

What about all everyday purchases ? MichMan Jan 2023 #45

We have a dedicated tax for gas in CT. Taxes are used to highway maintenance and improvement I CTyankee Jan 2023 #46

We pay sales taxes on gas in Michigan at 6% MichMan Jan 2023 #47

This might help. CTyankee Jan 2023 #48

Oklahoma also has a grocery tax. nt hippywife Jan 2023 #24

Changes in the tax code have complex effects bucolic_frolic Jan 2023 #3

Tax all contributions to PACs at 35 per cent Captain Zero Jan 2023 #9

Imagine there's a study showing benefits to moving car steering wheels to the right side. Girard442 Jan 2023 #29

Sales taxes are among the most regressive form of taxation... Wounded Bear Jan 2023 #4

Cruelty is the point in so much of their legislation. CrispyQ Jan 2023 #17

Seems like it. 2naSalit Jan 2023 #30

It would bury them...most couldn't afford to live Buckeyeblue Jan 2023 #5

Maybe that is why the repugs are all for this. Ferrets are Cool Jan 2023 #52

Red hellhole TN has no incone tax, only sales tax. SheltieLover Jan 2023 #6

The repubs are going to accelerate our interment plan. MiHale Jan 2023 #7

I would not have been able to afford my house lame54 Jan 2023 #11

How do retirees in Canada, UK, and the EU handle their VAT taxes ? MichMan Jan 2023 #12

They get a far better social safety net and housing is about 50% less than in the US bucolic_frolic Jan 2023 #15

Housing prices in the UK mahatmakanejeeves Jan 2023 #21

There were articles here on DU last spring or summer comparing EU and US housing bucolic_frolic Jan 2023 #31

If houses in Europe and the UK are 50% cheaper than the US, that means average cost here is $732k MichMan Jan 2023 #43

A mere $542,900 dpibel Jan 2023 #51

Stop fretting ... Xoan Jan 2023 #14

A 30% tax on everything will kill the economy. CrispyQ Jan 2023 #16

Of course it would wreck the economy; that is the point. Chainfire Jan 2023 #22

21st Century Feudalism CrispyQ Jan 2023 #25

Didn't we try a luxury tax before causing lots of blue collar and middle income people to lose jobs? MichMan Jan 2023 #44

Yup. Ferrets are Cool Jan 2023 #53

FFS give this nonsense a rest. Xoan Jan 2023 #19

This is TW talking point ?? RANDYWILDMAN Jan 2023 #26

I think it's hugely important to talk about it because it forces them... SKKY Jan 2023 #28

Thank you. Ferrets are Cool Jan 2023 #54

Pretty easy to figure out. GoodRaisin Jan 2023 #49