London needs a levy on its land

May 2013
Evening Standard;5/17/2013, p57
ALLOWING London to retain council tax and business rate revenues would be a huge leap forward, encouraging the GLA to focus investment on transport and housing and increase the tax base. Can Boris Johnson now resurrect Herbert Morrison's 1939 Site Value Rating for London Bill? An annual levy on some of the most valuable land in the world should sort out spending constraints nicely. Mark Wadsworth, Young People's Party SIMON Jenkins argues London is rich enough to split from the UK and the EU. But it's food, water and energy, not money, that are needed to sustain life. Off you go, London: the rest of the UK will enjoy fleecing you to provide for your human needs.


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