| Comment | I may be completely missing the point but I don't understand at all how what is being proposed is different to Council Tax. As Council Tax is based on property valuations, and property valuations are based on the combined value of the house and land, isn't this the same thing, the only difference being proposing the completely preposterous idea that valuations could be updated 'automatically'?
> three options for a replacement tax are assessed: A Local Income Tax, a Land Value Tax and a Property Tax
Funny how they brush over the Local Income Tax altogether...
> the value of the property can be assessed based on the average value of houses in the surrounding area
No they can't, automatic mortgage calculators show that this doesn't work, you'd have a million legal claims the day you tried to launch this
> a system of exemptions is put in place. This will be particularly important in the case of small farms
Overnight every reasonably sized house in the Clyde Valley suddenly plants some sunflower seeds and gets themselves reclassified as a smallholding |
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