1sthand

@stuartshakesby @realhansard @Gav_Griffiths That 10m home would have paid about 480years worth of council tax for a typicql 3 bed in stamp duty tho

@realhansard @Gav_Griffiths Surely something has to be done? Is it not ridiculous that a 3 bed semi in Manchester pays more council tax than a £10m property in Mayfair?

I'd have to pay an extra £5,500 a year versus the current Council Tax using Dan's modelled LVT. Not appealing.

@NotAnFSDTracker @graeme_cobb At least it's not a dog to drive

@graeme_cobb Probably the worst cat I ever drove

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@graeme_cobb This is the real price with a 1k discount!

@RobR44133618 @TheEvEngineer But is it low? Is it 'so low? I don't think a fuel duty that's about the same as wholesale petrol cost before VAT is low. What is low about that? If you can't get a grip on this, guess what else the government can convince you of?😂😂

@1sthand2 @TheEvEngineer No fuel tax inflation indexation increase in cash terms since Jan 2011. In fact there has been a 5p cut. Fuel costs here have gone from among Europe's highest, to middle of the pack, in that time. Top prices: Petrol, Denmark, £2.32 Diesel, Netherlands, £2.40

That's me out of an EV. Love mine but I'm not having being held over a barrel to drive a car I've paid tax on, pay tax to charge, pay road tax. My PCP is up in 2028 so it'll be sent back.

@RiebvJanbeeck Looks like downtown SF

Watching this train ride in the Congo, I can’t help but think: If they do this to their own country, what will they do to other countries?

@LewisStanding1 @TheEvEngineer 3p/mile isn't huge.

@TheEvEngineer It's too politically toxic We're making the market shift to EV for climate reasons But slapping huge taxes on them They'll u turn

@RobR44133618 @TheEvEngineer Tax is low on fuel? Wat?

@TheEvEngineer You think you are entitled to pay no tax? You are deluded. So long as EV taxes are significantly below ICE cars, I am content. Both will be taxed, and heavily. In fact I am distressed that taxes on ICE are so low, especially on fuels.

@TheEvEngineer It's only 3p per mile. Nothing. Use the most efficient petrol and it's still more per mile in petrol duty

@WasAcop @PolitlcsUK It's not a leak. It's to stimulate debate and they might tweak it. Make no noise and they'll increase it. Make some noise, same. Break things and riot, maybe reduce.

@PolitlcsUK What an embarrassment for the government.. leaked budget before Parliament.. Sums up Labour… An embarrassment to the country.. Tax tax tax..

🚨 BUDGET: Summary of the leaked OBR report before the Budget - Income tax and National Insurance thresholds frozen for an additional three years until 2029-30 - Pension salary sacrifice capped at £2k a year for employee and employer contributions from 2029 - New 3p-per-mile-tax on electric vehicles from 2028 - Mansion tax from 2028 on homes over £2m - Two child benefit cap to be lifted from April 2026 - Gambling tax changes including a rise in Remote Gaming Duty and a new General Betting Duty, worth £1.1bn - Freeze student loan repayment and interest rate thresholds for three years from 2027-2028 - Dividend taxes up by 2 percentage points for basic and higher rate taxpayers - Fuel duty frozen for another 5 months before being increased in stages from September 2026

@intjgamergirl @okaythenfuture They say money can buy anything. So yea.

@okaythenfuture Somebody I knew died in Phuket too. Water sports operator somehow allowed him to go out to sea during a storm warning. I was in Phuket at the time too, the waves were massive. Sad.

Southeast Asia is great and fantastic at many things, But it’s still fundamentally third world at health and safety standards, so doing an activity like this or even god forbid riding on a motorbike if you’re not a local is quite frankly retarded. You cannot trust the local businesses here with your life in this manner. Life is cheap in Asia.

@Invesquotes @MikeFritzell That actually sound about right. Bonuses is more than base pay.

@MikeFritzell Running a $12 billion business? Who?

$2 million in salary while running a $12 billion business Japan!

@tom550993 Well regulators don't think like that and hence Ferrari needs an EV. I suppose there is a niche where one can have the Luce as the primary car and still have that 12cylinder for fun. Family and all that you know....😂😂😂

There are a few issues that are touched on here. It made me think what my take on it is? Firstly, EV’s make a lot of sense for many use cases and I’m happy to accept that, certainly from a tailpipe emissions perspective, in towns they are better for our poor little lungs. However, I think I find it hard to take the idea seriously that Ferrari doing an EV will make a hapeth of difference to the environment. So, it’s tough to make an argument for posh EV’s that do 3k miles a year on that basis…my perception might even be that they’re worse for the environment at that mileage. Secondly, there is the perceived value of the skateboard architecture…at £40k I don’t really care about what pushes me along the road - it’s an appliance for most people. In fact, the airy cabin and silent propulsion mixed with cheap charging is a bonus. But as a spare vehicle, one that should major on feel and emotion and where looking at, and listening to a thumping V12 is part of the theatre it’s a tougher sell. Indeed, my perception is that the battery in a ferrari Luce is basically the same as the one in a BYD Seal…the power outputs and performance aren’t markedly different - they’re both too fast to use. So there’s no added value there. Compare that to the perception of a ferrari V12 vs. a 2.0 litre 4 pot. There’s massive and obvious value right there…you can see it, feel it and hear it. Overall, it probably leads me to where I feel that a half sensible world (haha) should be. We should use electric cars for our commute, popping into town etc. and if you’re lucky enough to have a Ferrari then keep the thumping V12…it’ll make no difference to the environment, be lots of fun and make teenage boys beam with pleasure, just like a Countach might have done in 1985.

@shriverist From the lens of a typical Westerner, yes.

This is an extremely difficult and highly subjective task, but here's my attempt to map countries based on whether they punch above or below their weight when it comes to global culture

@Jonnyinmd @tparsi Ya, the 6 year old son sometimes. Great culture

@tparsi What a bad take. We have a long history of family members being picked to finish out the term of a senator who died or resigned It's fine if you don't like the practice, but to pretend it's something that's considered unthinkable in our political culture is historically ignorant

If this happened in some other country, we would laugh at their backwardness. Some in Washington would argue they must be bombed...

@JH_Investments I would welcome 75k threshold 😂😂😂

A lot of people are missing the point here. The 40% tax threshold was £43,875 in 2010. Today it’s £50,270. An increase of just £6,395 in 16 years. If it kept pace with inflation, it would be closer to £75,000 today!

@barneymcg999 @proptechpioneer Didn't Aberdeen got on with oil money then? When it stops it stops.

@proptechpioneer In Aberdeen it’s already happened. This govt has destroyed house prices there. Friend lost £200k on a town house they bought 15 years ago. 10yr old house are now worth 2/3 of what they were bought for. That’s net zero. If it happened in SE England they’d be marching on WM.

A 30 - 35% UK house price crash isn't coming. No high-LTV fragility left in the system. A crash that size wipes £3 - 4.5tn off household wealth - no government lets that happen. And rental yields pull capital back in long before prices fall that far. Structure doesn't support it. #UKHousing #PropertyMarket

@proptechpioneer Housing wealth means nothing. It doesn't matter. And if it crashes, it merely means the next buyer gets a deal.

@ATwinspark Ignore the *many people advocating for self driving cars. Those are like petrolheads but a different kind. 😂 Echo chamber shit. Could even be bots. This is Elon's site anyway. No normal people are that excited.

@1sthand2 Lots of people do, but the vast majority very much don’t. They like having a nice car, they just don’t care for actually driving it. Why do you think so many people have been over the moon about developments in self driving? Yeah they want an auto, they want it all to be auto

“Oh but a DSG is so good these days” I genuinely do not give a fuck. Every auto I’ve driven outside of a huge luxury barge has been disappointing, DSG, TC, single clutch or otherwise. I don’t care if the car comes with £5k in the boot, I’m not buying another fucking auto

@hokagen1991 @Motor1com I say gone figuratively. Never seen them on the road. Once in a blue moon thing.

@1sthand2 @Motor1com according to both wikipedia and polish skoda website it's still being produced in 2026

According to German news outlet Bild, the first wave of cars to be discontinued over at Volkswagen Auto Group includes the Volkswagen Jetta and Taos, Porsche Taycan, and Skoda Fabia motor1.com/news/801413/vw…

@Hedgeye Lol

BREAKING: UAE proposes 'Union Strait' canal to bypass the Strait of Hormuz