this post was submitted on 03 Sep 2024
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UK Politics

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General Discussion for politics in the UK.
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He argued that council tax, business rates and stamp duty should all be abolished and replaced with a land tax “that would actually act as an engine for growth” and supported former Conservative chancellor Jeremy Hunt’s desire to end national insurance, describing it as a “dumb form of income tax” as it did not apply to income from savings, investments, property or retired people.

“Any of these things could be looked at by a reforming government and I believe they would all drive growth, they might even raise a bit of revenue, but the main game should be growth. One per cent on UK GDP is worth way more than mucking around with pension tax here or there.”

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[–] DemocratPostingSucks@lemm.ee 7 points 2 months ago

Land tax AND wealth tax ftw