scrapped windfall tax
james36armstrong at hotmail.com
Mon Oct 15 19:20:07 BST 2007
Barker reccommendation no 26 was "govt to use tax measures to capture some of the windfall gain." what we are talking about is perhaps a tax on this £1bn annual windfall, mostly on housebuilders landbanks. paid for by new-house buyers at about £60,000 unnecessary increase in the price of a new house. The recent announcement by yvette cooper included scrappng this idea and perhaps substituting a roof tax 'as in Milton Keynes.' there was an enigmatic statement that this was after consultation withthe industry. I hope to find out by F of I questions if needed who consulted whom and what they said. no one asked me .Did yvette ask you? Does anyone have info or want to follow this up? james _________________________________________________________________
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