Abolish Chief Rent or apply 100% tax
“Abolish chief Rent on freehold properties that is still paid by millions of household to former landowners”
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2. How does it fit with Compass’ core beliefs of equality, solidarity, democracy, freedom, sustainability and well being?
Chief rent is a disgaceful ananchronism requiring freehold homeowners to pay an annual fee to the former land owner.
3. How does it build the institutions of social democracy, like social groups and collective and cooperative forms of ownership and control?
Challenges historical and feudal/aristocratic land ownership.
4. How much will it cost or raise and where will any cost come from?
Little cost. Potential significant revenues if taxed.
5. Which groups in the electorate are likely to support or oppose this measure? Is there any polling evidence you have on this?
Homeowners
6. Is there a place or country where it’s worked? Please provide some information.
Not known
7. What are the three main arguments in favour/against it?
Chief rent is immoral, anachronistic
Comments
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This should go but the best way to deal with this is to introduce a 100% land value tax on ALL sites - not just a few freehold sites.
A hundred years ago Lloyd George introduced “The Peoples Budget 1909″ to restore the land wealth to the people with a land tax. Even Churchill supported it and called landowners “parasites”!The House of Lords emasculated it.
Let’s finish the business now.
Dave
davewetzel42 at googlemail.com (”at” = @ to avoid spam software). -
keith hewitt
I totally agree.
Why should we have to pay to live on a piece of land w ehave already paid for?
Chief rent is outdated, unfair and should be scrapped by parliamnet.
Its a hoorible little corner of the law that should be eliminated in the 21 st century
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Posting Comment...
May 2nd, 2009 at 5:13 pm
I totally agree.
Why should we have to pay to live on a piece of land w ehave already paid for?
Chief rent is outdated, unfair and should be scrapped by parliamnet.
Its a hoorible little corner of the law that should be eliminated in the 21 st century