Written by Lady Godiva
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Topics: Parliament, Tax

Saturday, 29 May 2010

image for CGT causing home-owners to writhe in agony
There's gold in them there bricks....

The Government is mulling over the possiblity of an increase in the CGT (Cheeky Gits' Tax).

Government officials agree that the CGT is usually only 'fiddled' with at the end of the 'fiscal' year but the coalition government want it increased from 18 per cent to 40 per cent.

When do they want it? NOW!

Why do they want it? Because they are greedy buggers!

A source tells us that if they are successful, the proceeds from the increased CGT will go to pay off their personal Credit Card debts, although this is vehemenently denied by the Government.

Homeowners are threatening to flood the housing market with sales of their 2nd and 3rd homes before the tax increase is implemented. This will, obviously, bring the housing market to its knees, but will be praised by first-time buyers who have been waiting for years to get onto the property ladder.

It is anticipated that house prices could fall by over 80 per cent of current worth.

One thing that MAY stand in the way of first-time buyers is that Government officials, themselves, could afford to buy up ALL houses that come onto the market.

This possibility is being discussed by realtors and home-owers across Britain.

More as this story unfolds.

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The story above is a satire or parody. It is entirely fictitious.

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