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Re-imagine property taxes

Re-imagine property taxes

We look at how a new approach to taxation could improve funding for infrastructure and social care, while taking some of the heat out of the housing market.

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Director, Public Policy

KPMG in the UK

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The UK’s approach to business investment, demographics, housing market and its system of social care; are suffering from long-term, structural problems. And these are becoming ever more acute – threatening to make our country a less competitive, less productive and less fair place.

But, we have the levers to address these challenges, shifting the dynamics to transform our downward spiral into a virtuous circle. We are proposing a mechanism to pull on those levers.

Our Re-imagine property taxes article is one of a series of ideas we’re publishing, to create debate around new ways for government to achieve public policy objectives. To read the full report: Rethinking public policy, please download here.

Contact us if you’d like to be the first to receive a copy of future pieces and to share any thoughts you have on the issues outlined. 

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Re-imagine property taxes
Our tax system encourages investments in homes, rather than capital and R&D – creating a vicious circle that contributes to the UK’s low productivity – whilst the way we fund social care penalises those unlucky enough to suffer from long-term conditions and their families. Mark Essex presents an elegant solution that could improve housing affordability, infrastructure investment, economic productivity and our social care system.
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