The incoming prime minister has repeatedly backed the idea of imposing a new Land Value Tax, describing it as 'aspirational socialism'.

Some households could end up paying more than £50,000 a year under a version of the system, according to the analysis - just because they live in expensive areas.

You don’t have to be on the progressive left to appreciate that Council Tax is unfair, but a Land Value Tax might not be any better

Andy Burnham has previously expressed interest in raising taxes on speculative landlords who leave high street properties continually empty, and taxing the warehouses of firms…

Andy Burnham has refused to rule out a wealth tax being part of his economic agenda, saying the country needs a "greater sense of fairness".

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The incoming prime minister has repeatedly backed the idea of imposing a new Land Value Tax, describing it as 'aspirational socialism'.