UK Parliament / Open data

Finance Bill

Proceeding contribution from Sheila Gilmore (Labour) in the House of Commons on Monday, 1 July 2013. It occurred during Debate on bills on Finance Bill.

And Scottish farmers, I am sure, and so on.

A mansion tax—I think my colleagues on the Front Benches would agree—is about residential property, not business property, which is already taxed in various ways. Obviously, a whole raft of taxes are appropriate for businesses, and that would be the best way to deal with the issue, rather than a mansion tax. If a mansion tax is a way of ensuring that we can appropriately tax wealth, we should consider it very seriously, given that it is probably a better basis for taxation than income, which people can move around—I have yet to see a house be dragged offshore. That may not be impossible, but in this country we generally do not put houses on wheels and move them, unlike in the United States—at least, so we see in the movies. A mansion tax would be a way to help the low-paid, through the introduction of the 10p rate.

Type
Proceeding contribution
Reference
565 c664 
Session
2013-14
Chamber / Committee
House of Commons chamber
Subjects
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