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Property Taxation and the Economy after the Barker Review.

Abstract:

This paper analyses the roles of property and land values in the UK economy and considers property tax reform with the objectives of improving macro-economic stability, resource allocation, economic inequality and the environment. With UK house prices at all-time peaks relative to incomes, concerns about affordability and the distributional consequences have increased. The Barker Review for the UK Treasury of new housing supply reported in 2004 and recommended extensive reforms of the land us...

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Journal:
Economic Journal More from this journal
Volume:
115
Publication date:
2005-01-01
ISSN:
0013-0133
Language:
English
UUID:
uuid:6da6ca14-1d80-48da-bc6e-a60374b6ea32
Local pid:
oai:economics.ouls.ox.ac.uk:10552
Deposit date:
2011-08-16

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