In message , Tony Bryer
writes
On Sat, 13 Oct 2012 16:06:23 -0700 (PDT)
wrote :
Exactly. The only thing wrong with Council Tax is that the
value it's based on is not reassessed regularly, and that it's
set in bands instead of X-percent of assessed value.

Yes, it seems lost on the Daily Mail that for a given tax take a
revalation *on average* leaves no one worse off. Not revaluing
leaves some people paying more than they should. And adding a
couple of extra bands for higher-value properties would leave 95%
of people paying less.

Unfortunately there never has been a revaluation which "on average"
leaves no-one worse off.

Revaluation on a regular basis would simply hike the tax regardless of
the occupants income. Those on fixed income would suffer most.
The only time value relates to income is when you buy the house in the
first place. So the logical thing to do would be to revalue on sale.
--
hugh