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Open Graph

title

Capitalists@Work

description

A blog about: UK Business, UK Politics, Retail, Energy, Banking, Fiscal Policy, Budget, Industry, Humour

image

site name

author

updated

2025-12-30 11:56:37

raw text

Capitalists@Work Tuesday 30 January 2024 Reforming the Council Tax in Wales: good luck to them Apparently the Welsh are intending to 'reform' the Council Tax.  Of the 3 options under consideration , one is feeble: simple revaluing all properties.  The 2nd changes the weighting within the 9 existing bands: lower weighting at the lower end, higher at the higher (i.e. slightly more progressive).  The 3rd is the most 'radical': move to 12 bands, also with a weighting shift. To me, this third option is a real no-brainer and one Osborne should have done in that brief 2010 window when he could have done almost anything he chose and, quite appropriately, his slogan was " all in it together ".  Clearly, from his deeds of commission and omission, he never meant that; and the opportunity was lost.  I'd go further: extend the number of bands almost indefinitely.  We all know the Council Tax is a wealth tax, so anyone who proposes to have palpitations at the very thought of such a thing,...

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