Summary
Fourth, the Lib Dems would abolish council tax and replace it with a local income tax. This sounds redistributive because, as the party rightly points out, poor householders pay a higher proportion of their incomes in council tax than the better-off ones. Yet it is not redistributive at all. Council tax needs reform, not abolition. It is the only significant British tax on property, and inequality in asset wealth is far greater (and far more unfair) than inequality of income.
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The Two Ronnies Revival
Third, the Lib Dems propose a "citizen's pension" for everyone of 75 and over. It would be £100 a month mor...
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