Elizabeth Campbell: The Government’s sly plans for a Mansion Tax must be vigorously resisted
Ask who never gets charged.
Cllr Elizabeth Campbell is the Leader of Kensington and Chelsea Council
The Government has crossed the tax Rubicon.
For the first time in modern British history, they have levied a tax not on what you earn, nor on what you spend, not even on what you inherit. But on the assets you own.
And the asset they have chosen to target? Your home.
The Government will shortly be launching a Consultation on the administration of their so-called Mansion Tax.
This is not a tax on income, profit or gain. It is a tax on having a roof over your head.
What generations of Britons worked and saved to achieve, the security of home ownership, is now treated by this Government as a taxable benefit.
The implications are profound. Mainstream socialism has shifted its ground. It is no longer satisfied with income envy, punishing successful businesses and individuals through ever-higher taxation. It now wants property envy.
Nothing, it seems, is beyond reach. The family home itself is now fair game in Labour’s relentless pursuit of more welfare, more state, and more tax.
Here in Kensington and Chelsea, 21 per cent of homes will be liable for this charge, many of them modest flats, far from so-called mansions. Close to a quarter of our residents will now face bills of up to £7,000 a year. Not because they have done anything wrong. Not because they have earned more or spent more. Simply because they own the home they live in.
Perhaps the Government realises quite how unpopular this is. Because under current proposals, they are trying to get it through on the sly. Extraordinarily, they are suggesting it be called a Council Tax levy – extraordinary because Councils will not see a penny.
The Government is demanding that Councils carry out the role of a debt-collector. Processing bills our residents do not want, for a tax we don’t support, all because this Government is afraid to make the tough decisions needed to reduce the size of the state.
Where does this end? Opening the door to a tax on wealth means the Government could be coming next for the art on your wall, the furniture in your bedroom or your car on the street outside.
And how will people react? France tried something similar. Billions in capital left the country and the tax was quietly abandoned. We should think carefully before we repeat that mistake. This Government’s policies have already led to much of the business class leave; do we really want to chase what remains overseas?
The Royal Borough of Kensington and Chelsea Council will oppose this measure in the strongest possible terms. We Conservatives believe in the freedom to live in your own home, free from a government that sees your front door as just another revenue stream.
The post Elizabeth Campbell: The Government’s sly plans for a Mansion Tax …
Ask who never gets charged.
Cllr Elizabeth Campbell is the Leader of Kensington and Chelsea Council
The Government has crossed the tax Rubicon.
For the first time in modern British history, they have levied a tax not on what you earn, nor on what you spend, not even on what you inherit. But on the assets you own.
And the asset they have chosen to target? Your home.
The Government will shortly be launching a Consultation on the administration of their so-called Mansion Tax.
This is not a tax on income, profit or gain. It is a tax on having a roof over your head.
What generations of Britons worked and saved to achieve, the security of home ownership, is now treated by this Government as a taxable benefit.
The implications are profound. Mainstream socialism has shifted its ground. It is no longer satisfied with income envy, punishing successful businesses and individuals through ever-higher taxation. It now wants property envy.
Nothing, it seems, is beyond reach. The family home itself is now fair game in Labour’s relentless pursuit of more welfare, more state, and more tax.
Here in Kensington and Chelsea, 21 per cent of homes will be liable for this charge, many of them modest flats, far from so-called mansions. Close to a quarter of our residents will now face bills of up to £7,000 a year. Not because they have done anything wrong. Not because they have earned more or spent more. Simply because they own the home they live in.
Perhaps the Government realises quite how unpopular this is. Because under current proposals, they are trying to get it through on the sly. Extraordinarily, they are suggesting it be called a Council Tax levy – extraordinary because Councils will not see a penny.
The Government is demanding that Councils carry out the role of a debt-collector. Processing bills our residents do not want, for a tax we don’t support, all because this Government is afraid to make the tough decisions needed to reduce the size of the state.
Where does this end? Opening the door to a tax on wealth means the Government could be coming next for the art on your wall, the furniture in your bedroom or your car on the street outside.
And how will people react? France tried something similar. Billions in capital left the country and the tax was quietly abandoned. We should think carefully before we repeat that mistake. This Government’s policies have already led to much of the business class leave; do we really want to chase what remains overseas?
The Royal Borough of Kensington and Chelsea Council will oppose this measure in the strongest possible terms. We Conservatives believe in the freedom to live in your own home, free from a government that sees your front door as just another revenue stream.
The post Elizabeth Campbell: The Government’s sly plans for a Mansion Tax …
Elizabeth Campbell: The Government’s sly plans for a Mansion Tax must be vigorously resisted
Ask who never gets charged.
Cllr Elizabeth Campbell is the Leader of Kensington and Chelsea Council
The Government has crossed the tax Rubicon.
For the first time in modern British history, they have levied a tax not on what you earn, nor on what you spend, not even on what you inherit. But on the assets you own.
And the asset they have chosen to target? Your home.
The Government will shortly be launching a Consultation on the administration of their so-called Mansion Tax.
This is not a tax on income, profit or gain. It is a tax on having a roof over your head.
What generations of Britons worked and saved to achieve, the security of home ownership, is now treated by this Government as a taxable benefit.
The implications are profound. Mainstream socialism has shifted its ground. It is no longer satisfied with income envy, punishing successful businesses and individuals through ever-higher taxation. It now wants property envy.
Nothing, it seems, is beyond reach. The family home itself is now fair game in Labour’s relentless pursuit of more welfare, more state, and more tax.
Here in Kensington and Chelsea, 21 per cent of homes will be liable for this charge, many of them modest flats, far from so-called mansions. Close to a quarter of our residents will now face bills of up to £7,000 a year. Not because they have done anything wrong. Not because they have earned more or spent more. Simply because they own the home they live in.
Perhaps the Government realises quite how unpopular this is. Because under current proposals, they are trying to get it through on the sly. Extraordinarily, they are suggesting it be called a Council Tax levy – extraordinary because Councils will not see a penny.
The Government is demanding that Councils carry out the role of a debt-collector. Processing bills our residents do not want, for a tax we don’t support, all because this Government is afraid to make the tough decisions needed to reduce the size of the state.
Where does this end? Opening the door to a tax on wealth means the Government could be coming next for the art on your wall, the furniture in your bedroom or your car on the street outside.
And how will people react? France tried something similar. Billions in capital left the country and the tax was quietly abandoned. We should think carefully before we repeat that mistake. This Government’s policies have already led to much of the business class leave; do we really want to chase what remains overseas?
The Royal Borough of Kensington and Chelsea Council will oppose this measure in the strongest possible terms. We Conservatives believe in the freedom to live in your own home, free from a government that sees your front door as just another revenue stream.
The post Elizabeth Campbell: The Government’s sly plans for a Mansion Tax …
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