Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: https://www.socialistparty.org.uk/issue/913/23428

From The Socialist newspaper, 24 August 2016

Them & Us

Them and us fishes, photo Suzanne Beishon

Them and us fishes, photo Suzanne Beishon   (Click to enlarge)

Duke of Westminster

How do you get to be the fifth richest person in Britain? Hard work? Big ideas? Low cunning?

No. The answer is: inherit. The recent death of Gerald Cavendish Grosvenor, 6th Duke of Westminster, left his son Hugh with an estimated net worth of 9.35 billion (Sunday Times Rich List 2016).

That's more than the gross domestic product of Albania (9.34 billion, IMF 2016 estimate). His grace's considerable estate dates back to 1677, and includes 300 acres of millionaires' stomping grounds in west London.

Still, at least austerity Britain's coffers can expect a hefty inheritance tax windfall. About 4 billion if estimates of the 7th duke's wealth are accurate.

But no! The Grosvenor family owns its extensive lands through a trust rather than individually. Trustees may die, but trusts cannot - so no pesky inheritance tax.

Landlord benefit

Britain's private landlords collectively received 9.3 billion in tenants' housing benefit last year.

This figure has nearly doubled in a decade, says a report by social landlord umbrella the National Housing Federation. If all those private renters on housing benefit were in affordable homes, the bill would fall by 1.5 billion.

Nearly half of those claiming housing benefit are in work. This is nothing more than free money for big landlords and mortgage lenders, and a subsidy to poverty-pay employers.

The Socialist says: nationalise the land and take over empty properties, paying compensation only on the basis of proven need. No more free rides for super-rich landowners and property speculators. For rent caps and a mass programme of quality council house building.

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 24 August 2016:


#KeepCorbyn

Kick out the Blairites

#KeepCorbyn: Answer right's attacks with firm socialist programme

Corbyn union nominations round-up and view from the workplace

#KeepCorbyn: huge support at rallies and among Labour rank and file


Socialist Party news and analysis

Black footballer's taser death: stop police racism now

Pay still below pre-crisis levels

Train fares to rise again - nationalise railways now!

500m on civil service redundancies in two years

Them & Us


International socialist news and analysis

Trump in trouble - political polarisation deepens

International news in brief


Socialist readers' comments

Readers respond to Trotskyist red scare smears by capitalist media

Would you call G4S for help over discrimination?

The Socialist inbox


Workplace news and analysis

Deliveroo strike action forces bosses to back down

Junior doctors set for further strike action

A day in the life of a call centre worker

Workplace news in brief


Save our NHS

Save our NHS!

The threat of private health insurance

Organise against secretive NHS cuts plans


Socialist Party reports and campaigns

Greenwich council tenants: We won't pay! We won't move!

Local estate agents back Butterfields tenants

Nottinghamshire Pride makes history

Immingham residents' housing battle


 

Home   |   The Socialist 24 August 2016   |   Join the Socialist Party

Subscribe   |   Donate   |   Audio  |   PDF  |   ebook






Related links:

Them & Us:

triangleThem & Us

triangleThem & Us

triangleThem & Us

triangleThem & Us

triangleThem & Us

US:

triangleWirral Socialist Party: The Teamster Rebellion in the US

triangleHackney & Islington Socialist Party: The US mid-term election results

trianglePreparing the struggle for socialism in 2019

Westminster:

triangleHands Off HRI campaign group meets Corbyn and Ashworth

triangleWestminster sexual harassment scandal

triangleWestminster sexual harassment scandal: symptom of a rotten system

Housing:

triangleAfter Grenfell, thousands still in high-rise firetrap blocks

triangleRip-off landlords make money out of misery

Housing benefit:

triangleHousing arrears double, suicide risk soars - scrap Universal Credit!

Britain:

triangleManchester Socialist Party: Britain in 2019

Rich:

triangle'Fat Cat Friday' shows where all the money's gone

Trusts:

triangleSave our NHS

Wealth:

triangleWest London Socialist Party: Seattle council's struggle against big business on wealth tax

Tenants:

triangleArrogant landlords can be beaten

Super-rich:

triangleTories out - we need socialism!

Reports and campaigns

Reports and campaigns

16/1/19

Tamil Solidarity

A key task - strengthen Tamil Solidarity campaign

16/1/19

Demo

'Tories out' demo

16/1/19

UCU

UCU: Vote Yes and Yes in the higher education pay and equality ballot

16/1/19

Manchester

Hundreds join Manc RMT picket line in solidarity after far-right attack

16/1/19

Car industry

Unions must fight and demand nationalisation to save thousands of car industry jobs

16/1/19

North Shields

North Tyneside: march to save our footbridge

16/1/19

Local government

Nothing to declare? Dodgy councillors hide vested interests

16/1/19

Wales

Caerphilly: right-wing Islwyn Labour councillors fight to impose cuts

16/1/19

Surrey

Surrey: save our children's centres

16/1/19

Glasgow

Glasgow: huge turnout to fight closure of Whitehill pool

16/1/19

Chris Baugh

Re-elect Chris Baugh for AGS

9/1/19

Durham

Solid strike by Arriva bus drivers

9/1/19

Leeds

Disruption of Socialist Party meeting shows need for unions to lead real struggle

9/1/19

Socialist Books

'Socialism: Utopian and Scientific'

9/1/19

Tyneside

North Tyneside Campaigning to save our footbridge

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party
Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

LATEST POSTS

CONTACT US

Phone our national office on 020 8988 8777

Email: info@socialistparty.org.uk

Locate your nearest Socialist Party branch Text your name and postcode to 07761 818 206

Regional Socialist Party organisers:

Eastern: 0798 202 1969

East Mids: 0773 797 8057

London: 020 8988 8786

North East: 0784 114 4890

North West 07769 611 320

South East: 020 8988 8777

South West: 07759 796 478

Southern: 07833 681910

Wales: 07935 391 947

West Mids: 02476 555 620

Yorkshire: 0114 264 6551

ABOUT US

ARCHIVE

Alphabetical listing


January 2019

2018

2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999