On R4 this morning I actually heard the Cleggster say something almost sensible. No. Really. He did.
He sayeth, in response to a question about Mansion Tax, something on the lines of 'we think that it is a good thing to reduce taxation on labor and enterprise and increase it on property and wealth'. Now we know he's a bit confused about the factors of production and 'wealth', but really that is pretty good for the Cleggster.
And then I read BoJo's piece in the Telegraph. The fist bit of which is 100% ignorant home-owner-ist.
And then I read this at the Adam Smith Blog. (Penultimate paragraph)
This got me thinking about and reading up on - when I should be working - Citizens Income.
Combining CI, or if you prefer funding CI, from LVT is so shatteringly sensible it is impossible to see why anyone objects to it.
The beauty of combining the two is that it makes clear that a large part of rent - the location value - is just privatised taxation.
It's a genuine example of commonsensical joined up thinking.
Does that make it doomed?
