tony blair backs labour s land value tax to tackle housing crisis /

Published at 2017-12-03 02:05:26

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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 final manifesto,by supporting a new “land value tax” designed to aid solve the housing crisis.
The f
ormer prime minister said the new tax, which sees the value of underlying land taxed rather than property, and should replace council tax and commerce rates to create a “fairer and more rational system of property taxation”.
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Source: guardian.co.uk

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