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But those who earn more already pay more as income tax is progressive.
Doesn’t this all come down to what is a fair way to decide who to tax more - is it those with most income? Most assets? Or how people get their wealth and whether it was taxed on accumulation (e.g. inherited or massive CGT gains on houses not taxed)?
I find an argument that e.g. a couple who work 60hr weeks to afford a family home, pay £30k SDLT on buying it and both have to work a less obvious candidate to pay more tax than someone who bought in that same street 20 years beforehand for £150k, paid no stamp and will not pay CGT on disposal.
(disclaimer - this is probably because it is closer to my own situation, but still)
andyfallsoff
On average you get paid more, even the minimum wage is higher to reflect higher costs, although I know in practice there's also massive inequality and poverty. Maybe the same percentage of tax on a property would lead to a leveling of house prices.