Should billionaires and multinationals pay fair tax?

[JohnD]

I am only talking about the aspect of it concerning builders and not people who are just sitting on it waiting for it to go up, house builders have 1000,s of acres of land in their land bank and if they are taxed on it then it will only increase the cost of the houses built on it.

That's not the way prices work.

 

[SirGalahad]

houses sales are only dependent on supply and demand not costs

if land was taxed then landowners wouldnt be able to sit on it and wait for it to appreciate, so they would either have to build on it an make it pay or sell it............that would make land drop in value

LVT puts land into its most productive use. The fact that the morons on here cannot understand that is simply because they get their economic ideas from the Sun, DM, Torygraph etc. They need us more than we need them brigade of econmics.

 

[aveatry]

LVT what about the private landlords

 

[JohnD]

LVT what about the private landlords

How do they cope with council tax?

 

[carmanmemoranda]

LVT what about the private landlords

If its not viable to make money they will sell up.

 

[aveatry]

How do they cope with council tax?

The tenant pays that

 

[aveatry]

If its not viable to make money they will sell up.

So less houses to rent then -- great way to increase rent for the rest.

 

[JohnD]

do you consider council tax to be a problem?

 

[carmanmemoranda]

So less houses to rent then -- great way to increase rent for the rest.

Same number of houses, whether sold or rented.

Your point?

 

[JohnD]

He's trying to throw in vague objections without knowing why.

 

[aveatry]

Same number of houses, whether sold or rented.

Your point?

An investigation by the BBC revealed that the supply of rental homes in the UK had contracted drastically. This steep decline has caused a surge in demand and inevitably driven the cost of rent up by an average of 11%.
https://www.bbc.co.uk/news/business-65090846

 

[aveatry]

do you consider council tax to be a problem?

I don't get your angle - landlords do not pay council tax- the tenant does in most cases of private rentals.

 

[Notch7]

An investigation by the BBC revealed that the supply of rental homes in the UK had contracted drastically. This steep decline has caused a surge in demand and inevitably driven the cost of rent up by an average of 11%.
https://www.bbc.co.uk/news/business-65090846

Yes because mortgages have increased and property values have gone up

LVT forces prices down

 

[Notch7]

So less houses to rent then -- great way to increase rent for the rest.

LVT forces landowners to make use of their land because they can’t let it sit there and idle.

If they don’t want to do that they will sell

More land for sale lowers prices.


Please can you do some research on LVT, it would save having to explain the basics

 

[aveatry]

Yes because mortgages have increased and property values have gone up

You clearly haven't red the link i posted and that you quoted.