Robert Emery
robertemeryx.bsky.social
Robert Emery
@robertemeryx.bsky.social
Tax & Accounting IT specialist.
Although I know that Dan has gathered some evidence that reductions in VAT do not tend to be passed on to retail consumers at least in the short term. So there are likely to be some additional reasons for prices to be "sticky" in the short term (possibly especially with respect to price falls).
August 22, 2025 at 7:39 AM
The same is true of pretty much any tax. I think people instinctively recognise this with VAT which they realise they are paying some of (many people incorrectly assume all) even though it's the seller that pays the VAT.
August 22, 2025 at 7:35 AM
It would simply result in an increase in base prices so you're back in the same position. The reality is the economic cost of the stamp duty is shared between the buyer and seller regardless of who legally pays it to HMRC.
en.m.wikipedia.org/wiki/Tax_inc...
Tax incidence - Wikipedia
en.m.wikipedia.org
August 22, 2025 at 7:25 AM
Only 5th?
August 20, 2025 at 12:44 PM
It might also incentivise house builders to build more properties suitable for specific groups such as retirees - as they would be more sought after if you pay less tax immediately when you downsize. Although wider planning rules probably play a much bigger factor here.
August 19, 2025 at 2:03 PM
It would also make people more mobile. It's easier to move across the country to take a new job of your tax stays the same. So the normal fluctuations caused by better or worse employment prospects in an area (for example) might take effect more quickly or be more pronounced.
August 19, 2025 at 1:59 PM
I think we can make a reasonable guess using economic first principles. The tax change makes larger/more expensive properties more expensive to run than smaller/cheaper ones. So probably it would increase the cost of smaller properties relative to larger ones - decreasing the current price gradient.
August 19, 2025 at 1:56 PM
Counterpoint. A lot of people experiment with radical politics in their 20s but get more nuanced as they get older. You see this more on the left - where many Blairites were former marxists/communists. Perhaps because former support for the far left is less toxic to a mainstream political career.
August 19, 2025 at 9:03 AM
Those things might be true - some experiences are better than others. But you're trying to devalue someone else's experience or elevate your own by rating is as superior to someone elses.
August 19, 2025 at 8:09 AM
But I also think a lot of the discourse is basic snobbery / upmanship. "Oh you watched that film on TV? You really had to see it st the Imax like I did." "Oh you buy CDs? I only buy vinyl the sound quality is far superior."
August 19, 2025 at 8:04 AM
I think the primary difference is the amount of attention you're required to give the activity. You have to give a book something like your full attention to read it. You can give an audiobook your full attention but your attention can also drift in and out much more freely.
August 19, 2025 at 7:58 AM
Best I can do is give you 12.5% of a clap.
August 19, 2025 at 7:52 AM
Couple of static shots.
August 18, 2025 at 4:04 PM
Yes. Also understand that he is still close to friends he was at school with. May also be true of many other footballers but made me think better of him.
August 17, 2025 at 10:16 PM
Particularly like the costume party vignette. A lot of work for maybe 5 minutes of screen time. And comes across like a Ballard homage.
August 17, 2025 at 7:56 PM
I've worked in most large cities in the UK for a least a few days at a time so more qualify for stayed than visited.
May 30, 2025 at 7:31 PM
With a min(x,10%) in the formula. As there is no way 50+ countries coincidentally end up at 10% (much less that they all impose 10% tariffs on the US) while zero impose 9%.
April 2, 2025 at 10:27 PM