Jeremy Corbyn’s new Property and Garden Tax – backed by the Lib Dems - will hit families across England with huge council tax hikes.
Corbyn made billions of pounds of spending commitments in his manifesto, and his proposed 'Land Value Tax’ - a tax on properties and gardens - will hit the average homeowner with a bill of up to £3,837 to pay for them. And the Lib Dems will join him on this attack on homeowners.
Here’s what you NEED to know:
Bills for family homes would soar: you could get a council tax bill of £3,837 – that’s a 224% increase on the current average council tax bill of £1,185.
House prices would fall: his Property and Garden Tax could lead to falling house prices and negative equity - warned respected economic think tank the Institute for Public Policy Research (IPPR) This is a tax on gardens: The IPPR have branded Corbyn’s Land Value Tax a “tax on gardens”, that could force homeowners to sell off their family gardens to lower their bills. And it’s backed by the Lib Dems and the SNP, who would prop up Jeremy Corbyn: It is endorsed by the Liberal Democrat 2017 manifesto, and was backed by the SNP party conference in March. This tax would be a priority for a Corbyn government, propped up by the Lib Dems and the SNP in a coalition of chaos. Corbyn’s Property and Garden Tax will hit hard working families across our country.
Don’t risk it at this election.