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fru-gal

"Mayor positive about a Land Value Tax trial"

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https://www.london.gov.uk/press-releases/assembly/mayor-positive-about-a-land-value-tax-trial

Might be worth writing to P. Hammond to let him know that the (voting) plebs are in favour of a LVT.

hammondp@parliament.uk

Video of Tom Copley being interviewed re LVT; http://www.londonlive.co.uk/news/2017-01-23/london-assembly-tom-copley

Edited by fru-gal

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Sadly the Mayor only has the power to do what the government will let him do. When it comes to property tax policy he has fewer powers than the leader of a shire district.

No way Hammond and May would allow a land valid tax in London whatever the Mayor wants. Corbyn might deliver it but that is a long way off if ever.

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8 hours ago, MARTINX9 said:

Sadly the Mayor only has the power to do what the government will let him do. When it comes to property tax policy he has fewer powers than the leader of a shire district.

No way Hammond and May would allow a land valid tax in London whatever the Mayor wants. Corbyn might deliver it but that is a long way off if ever.

Well, the more people lend their voice to promoting it, the less room Hammond has in avoiding it. Sometimes Chancellors do things which seem to go against their own interests (Osborne and S24 anyone/Banning Letting Agents fees)? Also, with demographics changing and needing more tax money he is going to have to extract something from all the million pound properties that have been given a tax free, unearned windfall as the plebs simply do not have the money to pay more tax.

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