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  • Taking forward the recommendations (Supplementary) [3]

    • Question by: Fiona Twycross
    • Meeting date: 05 June 2013
    Fiona Twycross (AM): I think you made some really interesting points on English devolution and in one sense localism represents a very basic form of devolution. Did the recommendations of the report represent radical localism? If so, what benefits could devolving revenue-raising powers bring to the rest of England?
  • Land and property taxes (Supplementary) [1]

    • Question by: Nicky Gavron
    • Meeting date: 05 June 2013
    Nicky Gavron (AM): Thank you for the report and thank you so much for the way you are amplifying it, Tony. This is a little bit different from what Jenny Jones and Murad Qureshi have been saying but it is building on that. Do you think if there was a targeted form of land tax on those sites which have planning permissions, and we know now we have 211,000 homes sitting on land with planning permission at the moment, that would help bring forward housing?
  • Land and property taxes (Supplementary) [2]

    • Question by: Murad Qureshi
    • Meeting date: 05 June 2013
    Murad Qureshi (AM): Can I be bold enough, Tony, to ask you things that you have not really touched on in your report? The first is mansion taxes. Our sister city New York has a 0.5% mansion tax for properties over $2 million. Do you see a place for something similar if it was hypothecated to build social housing, for example?
  • Balance of Taxation

    • Reference: 2012/0218-1
    • Question by: Jenny Jones
    • Meeting date: 24 October 2012
    Should we shift the balance of taxation in London from income to wealth, for example with a land value tax?
  • Localisation of Business Rates

    • Reference: 2012/0219-1
    • Question by: Stephen Knight
    • Meeting date: 24 October 2012
    What evidence have you received so far concerning the so called "localisation" of business rates?
  • Weaknesses and Opportunities for London's Funding

    • Reference: 2012/0220-1
    • Question by: John Biggs
    • Meeting date: 24 October 2012
    What are the principal weaknesses in, and opportunities for, London's funding?
  • Tax Devolution

    • Reference: 2012/0221-1
    • Question by: Gareth Bacon MP
    • Meeting date: 24 October 2012
    Stamp Duty and Income tax have both been mooted as potential candidates for tax devolution from Whitehall to London. How would you see the devolution of these taxes working, in practice? Which do you see as a more attractive option?
  • Balance of Taxation (Supplementary) [1]

    • Question by: Murad Qureshi
    • Meeting date: 24 October 2012
    Murad Qureshi (AM): I just want to briefly go back to land valuation taxation if you don't mind, given Roger's [Roger Evans AM] comments. I hear what you are saying about local planning concerns that have to be addressed by local authorities, I hear what you say about anything being proposed having to be national and not just London, but you would accept that it would discourage land banking and a fair amount of empty sites? Forget empty properties, there are major sites lying empty. Would it not encourage those being moved on at least and the promotion of jobs...
  • Balance of Taxation (Supplementary) [3]

    • Question by: Richard Tracey
    • Meeting date: 24 October 2012
    Tony, you have already spelt out some of the complexities of trying to bring something like this in and you have discussed whether it would simply be London or whether it would apply to the rest of the country, but surely one of the other enormous unfairnesses of it would be at what level and percentage it came in and indeed who qualified. Liberal Democrat politicians have been talking about a mansion tax applying over £1 million or £2 million, which seems very unfair, but surely the really serious unfairness of this would be if young people trying to get...
  • Balance of Taxation (Supplementary) [5]

    • Question by: Roger Evans
    • Meeting date: 24 October 2012
    Roger Evans (AM): I too spent a pleasant lunch some years ago being lobbied on this matter by Dave Wetzel [President of the Labour Land Campaign]. Professor Tony Travers (Chair, London Finance Commission): It is always fun. Roger Evans (AM): Yes, and he made the point that Jenny [Jones] does that it would encourage better use of land in London. Does that not mean that if you are using a piece of land for residential purposes it will encourage you to put a block of flats on it, the higher the better, rather than just ordinary houses?