To put a number on it, band H properties are at least 8 times the value of a ban... | Hacker News

Hacker News new | past | comments | ask | show | jobs | submit

login

lozenge on April 21, 2019 | parent | context | favorite | on: Half of England Is Owned by Less Than 1% of Its Po...

To put a number on it, band H properties are at least 8 times the value of a band A property, but pay only 3 times as much tax.

(From A POOR TAX COUNCIL TAX IN LONDON: TIME FOR REFORM, although the same info is on government websites).

NeedMoreTea on April 21, 2019 [–]

Council tax and poll tax before it were very clearly examples of trickle up taxes. Massively regressive compared to the rates.

Yet no one is complaining, demonstrating or rioting.

randomsearch on April 21, 2019 | [–]

They did protest and riot, but the government ignored them.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact