The Problem With The Mansion Tax
I’ve just been watching Ed Balls on The Andrew Marr Show talking about the Mansion Tax.
I don’t know Andrew Marr’s personal circumstances, but I wonder how many of the commentators like him live in houses that are worth a couple of millions. The Sunday Times today is reporting that Jeremy Paxman is being paid a million for his memoirs. Will he put that into property?
So many of these heavyweight commentators will be passionately against a Mansion Tax.
Incidentally, my view on property taxes is based heavily on the fact we have a housing shortage and it is a serious moral offence to leave a house empty for more than a few days a year.
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