To ask the Chancellor of the Exchequer, whether she has made an assessment of the potential merits of introducing a proportional property tax as a replacement for (a) stamp duty and (b) council tax.
Council Tax and Stamp Duty Land Tax (SDLT) are reliable and important sources of revenue for both the Exchequer and Local Authorities. They raise over £50 billion each year to help pay for essential public services. Any reforms to the property tax system ...
Council Tax and Stamp Duties 