#property-tax-reform

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fromwww.theguardian.com
2 weeks ago

Rachel Reeves needs to find cash fast. A wealth tax really is her only viable option | Faiza Shaheen

The past few weeks, we have seen a bewildering parade of policies emerging from Treasury sources. These include reforms to inheritance tax, replacing stamp duty with a national proportional property tax for homes worth more than 500,000, replacing council tax with a local proportional property tax levied on house values up to 500,000 with a minimum annual bill of 800 paid by the property owner, and a potential capital gains tax (CGT) on primary residences valued at more than 1.5m.
UK politics
UK politics
fromwww.bbc.com
2 weeks ago

What are Rachel Reeves' options on property tax?

Proposed reforms to property taxes—removing main-home CGT relief for high-value sales and abolishing stamp duty—could raise billions but carry economic and political risks.
fromBusiness Insider
2 months ago

Ken Griffin owns NYC's priciest condo. Mamdani wants to hike his property tax - and others.

Zohran Mamdani’s plan could dramatically change tax bills throughout New York City by ensuring properties like Ken Griffin’s Central Park South apartment are taxed closer to their actual sales value, reflecting a need for a systemic overhaul in the property tax system.
NYC politics
US politics
fromwww.mediaite.com
2 months ago

NYC Mayoral Frontrunner Zohran Mamdani Boasts About Plan to Tax Whiter' Neighborhoods at Higher Rates

Zohran Mamdani proposes to balance property taxes by increasing rates in wealthier neighborhoods while reducing them in underrepresented outer boroughs.
Germany politics
fromThe Local Germany
2 months ago

How you can challenge Germany's controversial property tax on your home

Germany's property tax reform has significantly raised taxes for homeowners, prompting extensive legal challenges.
Many property owners are appealing the new valuations due to perceived unfairness.
fromSFGATE
3 months ago

Californians Who Bought Up Montana Property Will Soon Feel a Major Tax Burden on Their Second Homes

The imbalance between Californian property ownership and tax contributions has sparked a major property tax reform in Montana, aiming to shift the tax burden to second-home owners.
SF real estate
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