Via Steve, via Robin, from Thursday's Evening Standard business pages:
It's a very positive article, but what's impressive is how they managed to introduce at least three basic, simple errors into such a short article:
1. Council Tax was on the list of taxes to be replaced, not Business Rates.
2. 0.9% x £250,000 doth not equal £1,800.
3. The "rich" would not pay significantly more or less than they do now with a 0.9% progressive property tax, they would pay more in annual tax but save just as much from the abolition of irregular and one-off taxes SDLT, CGT or IHT.
Debate Magazine
