My mansion tax solution: hit rich foreigners. But no one else

I am surprised no more attention has been given to Martin Vander Weyer’s suggestion in The Spectator two weeks ago that a mansion tax should be levied on those buyers who pay no other UK tax. Why has it taken so long for anyone to raise this idea? Where tax paid against income should be set against tax paid on property?

Let’s consider this question in psychological terms.

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Rory Sutherland is vice-chairman of Ogilvy Group UK.

TaggedEconomics, Evolutionary psychology, Mansion tax, Property, Tax

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My mansion tax solution: hit rich foreigners. But no one else

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