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tax on imputed rent that they have in the Netherlands
This sounds like a good idea - presumably needs a bit of thought to prevent it leading to vacant property but that doesn't seem unfixable?
andyfallsoff-
presumably needs a bit of thought to prevent it leading to vacant property but that doesn't seem unfixable
I am not hugely familiar with it but I assume you still charge the tax if the property is vacant? Like rates on commercial property it actively incentivises occupation (whether by the owner or a tenant).
NickCJ
Liked the article on pools!
Just looked this up, assume you are talking about the taxe foncière? Interesting concept, the way it's calculated it ends up looking a bit like the tax on imputed rent that they have in the Netherlands. It actually makes quite a bit of sense - you get a "benefit in kind" from living in a property you own, this can be thought of as a dividend on an investment.
I guess back in the day the council tax system would have achieved a similar thing, but the top rates are now a joke in places with high value properties.
The US obviously has a pretty high property tax, but from what I've seen of how it is applied, the proceeds stay very local so it just makes rich places even nice and doesn't achieve any redistribution.