That was not a title I ever expected to write. But there is a link.
The world's press and financial markets have gone into spasm because some people with wealth are to be charged 10% of it for the privilege of having the balance protected by the state in Cyprus.
The bedroom tax will impose a charge of about £700 a year on more than 600,000 people in the UK who have no choice but pay as there is nowhere for them to move to, even if it was reasonable to do so. In many cases this will be 10% of income and in all cases well over 10% of disposable income.
The bedroom tax is considered fair by the financial markets even though it destroys the chance to live any form of sustainable life of dignity within a community. A levy on wealth is not considered fair, even though it protects those who have it.
Which says a great deal about the corruption of values in our society.
Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:
There are links to this blog's glossary in the above post that explain technical terms used in it. Follow them for more explanations.
You can subscribe to this blog's daily email here.
And if you would like to support this blog you can, here:
Buy me a coffee!
Cyprus is doing something that should have happened worldwide four of five years.
It is intended to be a one off charge.
Bedroom tax is an attack on the poorest in society.
It is an annual “tax”.
The poor simply must make sacrifices…..
http://www.bbc.co.uk/news/uk-england-manchester-21835606
Sorry correction
Cyprus is doing something that should have happened worldwide four of five years ago.
It is intended to be a one off charge.
Bedroom tax is an attack on the poorest in society.
It is an annual “tax”.
The poor simply must make sacrifices…..
http://www.bbc.co.uk/news/uk-england-manchester-21835606
Thank you Richard – we need to see these connections. We have been sleepwalking into this world of oligarchs who will always get their interests protected. I have always thought that this process started in earnest with Thatcher and is now bearing its dubious fruits. It will be a difficult and sometimes despairing struggle to challenge this but it must be done. WE know the real shirkers are the very rich. The lie that the are the ‘wealth creators’ makes no sense as they hide most of it and there is no perceptible ‘trickle down’ effect as the gap, in our country, between rich and poor gets ever wider. Who can we vote for -as none of the main parties challenge the status quo.
While somewhat of a tenuous link, I find it strange that some individuals could be in line for a tax rebate of 850 (4250 x 20%) for letting out a spare room, whereas others in less fortunate circumstances will have to pay extra for that space.