Home truths: options for reforming residential property taxes in England

Cheshire, Paul and Hilber, Christian A. L. ORCID: 0000-0002-1352-495X (2021) Home truths: options for reforming residential property taxes in England. . Bright Blue, London, UK. ISBN 9781911128991

Text (Cheshire_home-truths-reforming-residential-property-tax--published) - Published Version Download (7MB)

• Publisher
• Author
• http://www.brightblue.org.uk/wp-content/...

Abstract

England’s system of property taxes is in urgent need of reform. Council Tax, devised in a hurry to resolve political difficulties after the demise of the Poll Tax, hits those in low-value homes hardest, and bears at best only a tenuous relationship to today’s house prices. Stamp Duty acts as a tax on moving house, slowing the housing market and making it harder for people to find the right home for them. This report presents the various options to reform the England’s property taxes, assessing them against both economic and political criteria. It concludes by setting out a new approach to taxing English property to mitigate the regressiveness and distortions of the current system, and help achieve government aims of levelling up and delivering net zero.

Item Type:	Monograph (Report)
Official URL:	http://www.brightblue.org.uk/portfolio/home-truths...
Additional Information:	© 2021 Bright Blue Campaign
Divisions:	Geography & Environment
Subjects:	H Social Sciences > HJ Public Finance
Date Deposited:	01 Jun 2021 10:09
Last Modified:	12 Dec 2024 06:13
URI:	http://eprints.lse.ac.uk/id/eprint/110734

Actions (login required)

View Item