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Tax the ground they walk on

  23rd March 2010  —  Issue 169
A new land tax is the only efficient and fair way to bring Britain’s finances back into line

The Duke of Buccleuch and Queensberry on his estate: 0.3 per cent of Britain’s population owns 69 per cent of its land


Consider these three facts. One: Britain is struggling to recover from a crisis caused in large part by a huge property bubble. Two: unemployment is painfully high. Three: the government has a huge gap in its finances. So, what would you raise taxes on?

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