How it Works0 min ago
Swings And Roundabouts
Goodness.....who'd a thunk it?
A Labour government is a Labour government is a Labour government.....
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No best answer has yet been selected by jackthehat. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.Given that the value of a property own owns has no direct reflection on their ability to pay or indeed what they have got out of being part of the society we are all in, any tax based on it is a loathsome undefendable grab at the citizens savings.
Going from bands to perceived price is no improvement. The whole system needs removing and tax raised in a fairer manner by other means.
Keeping it as either of those systems means unfairly penalising those who didn't fritter away their earnings on "wine, women, and song" but into their property instead. They should be encouraged not hit. It also hits those who inherited the family home as well. It is utterly obnoxious.
Maybe they should rethink replacing it with higher income tax instead as at least that reflects how each individual has benefited from society and should be ok with contributing back to it.