Abstract:
Since the FT piece appeared on 1 September 2025, see expanded version, many questions have been raised. It is inevitable that a column restricted to under 650 words leaves out helpful explanation. This Q & A aims to clarify the policy - which proposes to reform Council Tax for the top two valuation bands - and address any questions or misunderstandings found in the commentary to the FT piece.
Citation:
Muellbauer, J. (2025), 'Q&A for: Britain needs a wealth tax on property', INET Oxford Working Paper Series, No. 2025-18-B