Morning folks. I think it is important you know
that in the small print of Jeremy Corbyn’s manifesto there are plans for a Garden Tax to raise billions for Labour’s reckless spending pledges.
Corbyn's Garden Tax will hit you and your family by:
Trebling your Council Tax bill.
Sending house prices plummeting and plunging mortgage holders into negative equity.
Forcing families to sell off back yards, paving over England’s greenery.
Also - Farmers warn huge new £6 billion Countryside Tax will send food prices soaring
Soaring bills for family homes: Under the Labour Land Campaign plan, this new town hall tax would be imposed as a 3% levy on the value of land. Analysis shows this would result in yearly tax bill of £3,837 for an average family home in England – a massive 224% increase on the current average council tax bill of £1,185. The tax would fall hardest on areas with higher land prices, including London, the South and thriving market towns.
Recipe for negative equity: Both the Labour Land Campaign and leading think tank, the IPPR, have warned that a Land Value Tax could lead to plummeting house prices and negative equity. The IPPR said a Land Value Tax could “push some heavily mortgaged homeowners over the edge”.
Corbyn’s Garden Tax: The IPPR has also branded a Land Value Tax a “tax on gardens”, which could force home owners to sell off their family gardens to lower their bills. They also warned town halls would be bribed into giving the green light for more development to get their hands on more cash, leading to a return to “garden grabbing” that was actively encouraged under John Prescott’s planning rules before 2010.
A separate study on Land Value Tax produced by Labour, LibDem and Green councillors on Oxfordshire County Council has noted that houses with gardens would be the biggest losers under land value taxation.
Labour have form. The last Labour Government was building a council tax revaluation database with intrusive data on people’s gardens – this was cancelled by Conservatives in 2010.
New Countryside Tax: Under the Labour Land Campaign plan, agricultural land which is currently exempt from council tax or business rates would also be hit – with devastating consequences for farmers and the cost of the family shop. This £6 billion new Countryside Tax “would simply increase the cost of UK food production with no benefit for shoppers”, the National Farmers Union have warned.
Backed by Coalition of Chaos: This dangerous cocktail of misery for families is endorsed by the Liberal Democrat and Green Party 2017 manifestos, and was backed by SNP party conference in March. This raise the prospect of it being a top priority for a Jeremy Corbyn-led coalition of chaos.
Only a vote for Theresa May and her local Conservative candidates will stop this terrible new town hall tax from becoming reality.
He is referring to this
LOCAL COMMUNITIES
Councils deliver vital local services to our communities, but their budgets have been slashed by Conservative cuts. This has led to a deterioration of local services, from bin collection to road repair, and the loss of important community assets such as libraries, youth centres and women’s refuges. Labour believes in devolving power to local communities but that requires the necessary funding follows. You cannot empower local government if you impoverish it. A Labour government will give local government extra funding next year. We will initiate a review into reforming council tax and business rates and consider new options such as a land value tax, to ensure local government has sustainable funding for the long term. Labour is the party of devolution and we believe in handing back power to communities. We will devolve powers over economic development, complete with the necessary funding.
