Taxing property is taxing (1 votes)

(Created by : Andrewmark )

A seemingly simple analysis of political trends in the western world is that we are encouraged by political parties who promise us more access to consumption and we as voters shirk from politicians who tell us hard truths about effects on the holistic system of economic social and global fields.

Importantly we then claim powerlessness when the chicken comes home to roost and it is others who are at fault. Nobody told us this we say.

Suggestion: Remove our dependence on property as a fiancial asset by taxing all increase of property values, at the point of sale, by 30%. This would exclude provable expenditure on improving the asset. By doing so we remove the escalation of property values and on the jump between prices on the property ladder. This would benifet all regardless of income bracket.

Economics has to be based on a real value base and not on a spurious inflation by financial lenders who use homes as pawns in a speculative game, which as the current crisis has shown starkly, has led us down a path which has caused real harm to those who are most vulnerable and also has prompted our reflection on what truely constitutes our security and purpose.

In this crisis we have the opportunity of realising a shared destiny and a common purpose. Let us take this opportunity together now.

Scope :Individual
Timescale :short-term
Who :Government

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