Tuesday, Dec 15, 2015

This could align locals with more building - broaden the tax base?

Gruniard: Local authorities should have greater tax-raising powers, says thinktank

"The chancellor, who said earlier this year he will allow newly combined authorities in the north and Midlands to keep extra revenues from business rates collections by 2020, should hand over more tax raising powers to the regions to raise billions of pounds more to attract jobs and investment."
It's bananas that councils don't raise most of their own money - this totally neuters local democracy. And of course it is highly questionable that the richest landowners in the world should get some of their local services paid for by people on minimum wage via national taxes...
If councils could keep all of their property taxes (even the dreadful stamp duty) locals would have an incentive to allow building - better services and/or lower taxes

Posted by mombers @ 01:50 PM (4643 views)
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