Yes, let’s tax home ownership


Last week we featured a number of blogs discussing why Vince Cable's property tax would be a bad idea (see here and here). Today we release a think piece entitled Yes, let’s tax home ownership, written by ASI Fellow Richard Teather. In it he defends the principle of a home ownership tax, but only if the money raised is used to reduce income tax. The question posed is: Can anyone come up with a strong argument against a homeowner tax that doesn’t apply equally to existing parts of our tax system?