Rat and Mouse
Thu
15
Sep
Mansion tax - and why it just won't die

Vince Cable and his supporters see taxing income as inherently discouraging, a punishment for working hard. Taxing property wealth, on the other hand, is a way of hitting unearned, undeserved windfalls. Nick Clegg even managed to equate homeownership with tax avoidance, when he told the Telegraph, ‘We will also review how people at the very top seek to avoid taxes and to make sure people at the very top, owners for instance of high-value property, cannot avoid paying their fair share’.

Our publisher looks at some of the ethical and practical issues surrounding property tax, in his guest column for Citywire.

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