Re:Land-value tax: Why Henry George had a point
by petercooper on Saturday October 24, 2015 @07:33AM
(#10443260)
I see no justification for an exemption of capital gain tax on primary residence.
Well, maybe if you get a "rollover" relief - but otherwise, such a tax would significantly lower the velocity of the property market (which is already suffering, not least because of a similar tax - stamp duty).
Well, maybe if you get a "rollover" relief - but otherwise, such a tax would significantly lower the velocity of the property market (which is already suffering, not least because of a similar tax - stamp duty).