"Andrew May" wrote in message
...
On 20/03/2012 11:57, Doctor Drivel wrote:

A rental tax? Not very bright.

I was merely pointing out that if the cost increases to all landlords then
rent would go up by virtue of some of those landlords getting out of the
market.

I think you mean a shortage of rental accommodation will push up rents. But
the accommodation is still there in another form of ownership, so demand for
rental accommodation will be less. More accommodation will be sold onto the
ower/occupier sector.

I tried to keep it simple and avoid the divisiveness of LVT. Seems that,
in some quarters at least, I failed.

There is nothing simpler than LVT. Only one tax. Reclaiming the annual
value rate of land and no other taxes. Or some recommend setting the rate on
the more accurate annual "rental value", which is by the way.