The British government's enthusiasm for taxing property

January 24, 2011 2:21 PM

In a blog on Will Hutton’s Guardian article, Tim Worstall makes an interesting challenge to Will Hutton about the extent of property tax in the UK. Hutton claims that Britain is unwilling to tax property:
“Britain must confront a taboo – our refusal to tax property.”

[caption id="" align="alignright" width="240" caption="Hard to square"][/caption]

But OECD figures rank Britain highest in terms of the proportion of GDP captured by property taxation at 4.2 per cent. By comparison, in the US, France and Germany property tax is equivalent to 3.2, 3.4 and 0.9 per cent of GDP respectively. We are 3rd highest in terms of property taxation as a proportion of total revenue as well.  That is pretty hard to square with Hutton’s rhetoric.In a blog on Will Hutton’s Guardian article, Tim Worstall makes an interesting challenge to Will Hutton about the extent of property tax in the UK. Hutton claims that Britain is unwilling to tax property:
“Britain must confront a taboo – our refusal to tax property.”

[caption id="" align="alignright" width="240" caption="Hard to square"][/caption]

But OECD figures rank Britain highest in terms of the proportion of GDP captured by property taxation at 4.2 per cent. By comparison, in the US, France and Germany property tax is equivalent to 3.2, 3.4 and 0.9 per cent of GDP respectively. We are 3rd highest in terms of property taxation as a proportion of total revenue as well.  That is pretty hard to square with Hutton’s rhetoric.

Latest Blogs:

Polling on HS2

12:49 PM 20, Feb 2017 The TaxPayers' Alliance

TaxPayers' Alliance Icon

How much could HS2 end up costing taxpayers?

12:01 AM 20, Feb 2017 The TaxPayers' Alliance

TaxPayers' Alliance Icon

Cardiff raise Council Tax by 3.7%

11:08 AM 10, Feb 2017 Lee Canning

TaxPayers' Alliance Icon

A dedicated 'NHS' tax

9:34 AM 09, Feb 2017 Alex Wild

TaxPayers' Alliance Icon

Making the taxman work for the taxpayer

2:02 PM 08, Feb 2017 James Price