In 1997 household debt stood at £500bn...now it's £1,158bn

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"Crowley" wrote

It hasn't stopped them, though!

Currently, it's Council Tax. Previously, we had the Rates.

In-between, there was no tax based on home values -- we had the Poll Tax instead -- and it was *that* which was the most "difficult political sell"...

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Tim

Crowley wrote

[....]

Like the Land Tax in America, which, unlike Council Tax, only increases when the house is sold.

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Gordon
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Emperor's New Widescreen

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