Property News · December 3, 2017

Tony Blair backs Labour’s ‘land value tax’ to tackle housing crisis


Endorsement of controversial measure is seen as attempt by former prime minister to re-engage with British politicsTony Blair is backing one of the most controversial measures raised in Labour’s last manifesto, by supporting a new “land value tax” designed to help solve the housing crisis.The former prime minister said the new tax, which sees the value of underlying land taxed rather than property, should replace council tax and business rates to create a “fairer and more rational system of property taxation”. Continue reading…

Source : theguardian.com
Read more…Tony Blair backs Labour’s ‘land value tax’ to tackle housing crisis

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