tag:blogger.com,1999:blog-1141932539860553199.post4059606595339989022..comments2024-03-05T10:52:24.691+00:00Comments on Mark Wadsworth: The best taxesMark Wadsworthhttp://www.blogger.com/profile/07733511175178098449noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-1141932539860553199.post-14924482768794626452013-07-08T21:51:21.531+01:002013-07-08T21:51:21.531+01:00And if she wants to mention the "economic&quo...And if she wants to mention the "economic" non-cash subsidy of "below market rents", firstly, that is largely illusory (although it is probably true for London council housing) and secondly, that's the whole rationale for having Land value tax (an economic non-cash but easily encashable benefit for Homeys).Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.comtag:blogger.com,1999:blog-1141932539860553199.post-86641356603511947532013-07-08T21:46:39.961+01:002013-07-08T21:46:39.961+01:00FFS, even if it were true that council housing is ...FFS, even if it were true that council housing is subsidised, which it isn't, then let's assume it's subsidised by tax payers.<br /><br />And don't "rich" people pay the most taxes?<br /><br />Therefore, for every £1 tax they pay, they might indeed get a few pence back in council house subsidy, but it's a lot lot less than other "rich" people get back in state education, NHS and so on.Mark Wadsworthhttps://www.blogger.com/profile/07733511175178098449noreply@blogger.com