Sunday, January 17, 2010
We’ve worked hard for our tax-free windfall gains!
.. the Labour Partyâ€™s local government manifesto Putting Fairness First, which describes itself as a â€œblueprint or a red bookâ€ for a fourth term, calls for more council tax bands . It states: â€œThe Labour Party remains committed to reforming council tax, and as we enter the second decade of the 21st century it becomes an even more pressing concern, as current tax brackets remain rooted in valuations set in 1991. We think that at the very least, the council tax needs rebanding. The addition of more bands at both the top and bottom of the scale will help to make it a more genuinely progressive tax.â€ I seldom agree with Labour, but I fail to see what is wrong with this.