More housing control from Westminster

21 Jul 2015

Housing benefits

  • Ensuring that all places have a duty to house their own in their area. A village would have to build houses to enable anyone born in the village to live there – a town likewise.
  • Replacing business rates and council tax with land tax. This would end the tax on improvements and focus the tax on the value of the land instead.
  • Removing stamp duty on house purchases and fund this change by reducing the capital gains exemption for domestic properties. This would allow people to move house more frequently and encourage people to spread their investments to the betterment of the economy.

 

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