Tag Archives: land tax

Opinion: Miliband, Piketty and the Liberal response

milibandThree weeks ago, Miliband crossed the Rubicon and entered the heartland of Tory ideology. His support for European-style longer and more secure tenancies — and by extension capping rent increases — runs roughshod over a hitherto post-Thatcherite consensus.

Grant Shapps led the Tory riposte with a quick and ludicrous barb: Labour were proposing “Venezuelan-style rent controls”. Most people won’t know the details of Venezuela’s housing policy, but will be sure it’s unlikely to be any worse than our own.

Times have changed. We can see this clearly in that most …

Posted in News and Op-eds | Also tagged , , , and | 45 Comments

Opinion: A Mansion Tax to replace higher rate tax?

Mansion tax is not Land Value Tax, but it is a place to start down the road to shifting a significant part of the tax base from income to wealth.

There seems little argument that mansion tax would be a more effective method of taxing non-resident Non-Doms who acquired over 60% of the properties valued at over £2m in recent times.

The inequalities in wealth in the UK far outstrip inequalities in income. The top 10% of households own more wealth than the rest put together: 0.3 per cent of Britain’s population owns 69 per cent of its land.

The HMRC report …

Posted in Op-eds | Also tagged , and | 16 Comments
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