Bennett, I would hope, knows that this is nonsense: that you’re discredited if you believe lizards are taking over the world, but you’re not discredited if you fail to recall how much is spent giving mortgage tax breaks to buy-to-let landlords.
What mortgage tax breaks to buy to let landlords? There aren’t any actually.
Being able to offset interest paid against rent just isn’t a tax break. Any and every business gets to deduct interest before profit is calculated. Because interest is a cost and costs are deducted before profits are calculated.
And this is stupid too:
In the final spending period of the Labour government, £96bn was allocated to housing benefit, £5bn to building new homes. It is a naked redistribution of taxpayers’ money to the 2% of people who are landlords.
Umm, some of that housing benefit does go to people living in council and housing association stuff you know?