Sentences with phrase «housing consumption tax»
The Institute for Fiscal Studies's Mirrlees Review of the tax system proposed replacing council tax with a housing consumption tax, which if charged at 0.6 percent of property values, would raise a similar amount to council tax in aggregate.
https://blog.politics.ox.ac.uk/ Not exact matches
The purpose of a property tax, unlike a consumption tax, is partly to raise more money as real house prices rise, so that the tax rate stays the same regardless of fluctuations in property values.
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In place of the suburb, it wants Soviet - style high density housing; changes in zoning laws that increasingly make it impossible to maintain single family residences (let alone build new ones); mandated use of public transportation (thus positioning the high density housing near railroad or bus depots and excluding from those «human residential zones» most roadways and parking installations); and severe limitations on private food, water, and energy consumption, in return for enormously high taxes that will fund «cradle to grave» care by the nanny government.
The AFT proposes to tax homesales but only at the point of consumption, says Nichols; for example, purchase of a newly constructed house would be taxable, but purchase of a resale house would not be.