Council tax and stamp duty are confusing, unpopular, unequal and unfair – so it’s time to replace them.
Our system needs a means of ensuring that a Remain Parliament honours a Leave referendum – and that this principle is applied more broadly.
In the post-leave springtime, it will be worth considering what would happen if all three were abolished and replaced by a single Turnover Tax.
Only 28 years after the poll tax precipitated Thatcher’s downfall, no one called for a new system of local government finance.
We need to look at the write-off threshold more than the repayment threshold or bottom line fees to make a difference that young graduates can relate to.