Mansion tax will lead us to disaster Boris Johnson, writing in the Mail, says that the answer to the housing problems that face young Londoners is to increase the supply of properties. He explains that the answer is not to slap some mad new tax on properties in London and the rest of the country. Labour and the Liberal Democrats, he says, are taking us to disaster with their plans for a so-called mansion tax. Separately, the Mail reports that a new lobbying group containing dozens of the countrys super-rich - and backed by a Tory MP - has been set up to stop moves to introduce a mansion tax. The secretive outfit hopes to overturn public support for the proposed levy on multi-million pound homes by arguing that it is economically illiterate and would trigger a devastating crash in property prices.
Posted on: Mon, 17 Mar 2014 11:43:21 +0000
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