A poor tax: Reforming council tax in London - Final report
Article
The current council tax system in London is unfair. The tax could be a sustainable means of funding local government services while also functioning as a progressive tax on property wealth. However, at present it is highly regressive in relation to property value as well as representing an unduly large burden in terms of income for poorer Londoners.
It is economically inefficient particularly because of its banding system, reliance on considerably outdated property prices and the inconsistencies between it, and commercial property taxation. Furthermore, it is increasingly unsustainable as a source of local government finance, a trend which is only set to continue.
In this paper, we set out the case for change of the council tax system in London. We outline some of the views of those who live in the capital and pay council tax in the system as it is, and how they would like to see it change. We also set out some key lessons from abroad on how our system compares.
Related items
A helping hand for the helpers - a plan to recognise Scotland's unpaid carers
A Minimum Income Guarantee pilot would empower carers to chart their own course and get back some independence from a state which has become overly dependent on their unpaid labour and goodwill to function.Strategic planning for green prosperity
Land is a finite resource, and the demands made of it have only increased over time.The new politics of AI: Why fast technological change requires bold policy targets
The upcoming AI Action Summit in Paris is an opportunity to show how we can harness artificial intelligence (AI) as a force for societal, economic, and environmental good.