•
A delight from Polly Toynbee
A real glory here:
The British tax system urges us to use property as a bank, because it is barely taxed.
Now it’s certainly true that it could be differently taxed, better taxed. But the claim that property is barely taxed in the UK?
Actually, we have the highest property taxes amongst the advanced nations.
| #1 | United Kingdom: | 11.9% | |
| #2 | Japan: | 10.3% | |
| #3 | United States: | 10.1% | |
| #4 | Canada: | 9.7% | |
| #5 | Australia: | 8.9% | |
| #6 | Switzerland: | 8.1% | |
| #7 | France: | 6.8% | |
| #8 | Ireland: | 5.6% | |
| #9 | New Zealand: | 5.4% | |
| #10 | Netherlands: | 5.4% |
Makes you wonder why anyone listens to Polly Toynbee really, doesn’t it?