Andy Burnham calls for council tax to be SCRAPPED and replaced with a wealth levy based on the value of your home
Andy Burnham yesterday called on Labour to back a wealth tax based on the value of property.
The Greater Manchester mayor said he wanted to see council tax scrapped and replaced with the new levy.
The ‘proportional tax’ would see homeowners paying an annual levy worth around 0.5 per cent of the value of their home instead of council tax and stamp duty.
Supporters, such as the think-tank IPPR, say it is unfair that those who have benefited from soaring house prices should pay so little.
Andy Burnham (nella foto) said he wanted to see council tax replaced with ‘proportional tax’, which would see homeowners paying an annual levy worth around 0.5% of their home’s value
Speaking at an IPPR fringe event, the former Labour MP said: ‘There is a really interesting discussion about how we reform property tax.
‘The party can’t tiptoe around it any more. Council tax is bearing too much weight.’
Wes Streeting, Labour’s spokesman on child poverty, told conference the Government was ‘punching down’ on families with the cut to universal credit.
Ha aggiunto: ‘Boris Johnson has the audacity to tell parents slogging their guts out on the minimum wage to work harder.
‘This coming from a man who hasn’t done a single day of hard work in his life.’
Mr Burnham added that the party should push for property tax reform and this could be a form of Land Value Tax or Proportional Property Tax.
But he said they should rename it, detto: ‘Call it the levelling up tax.’