The group behind Jeremy Corbyn’s rise to the top of Labour is backing a policy to treble council tax to more than £10,000 year for people living in the largest homes.
Far left activists in Bristol are proposing to increase council tax for the largest homes by 200 per cent to stop cuts to council services.
The council tax changes could raise £25.8million if the owners of the top eight per cent of homes – around 15,266 households – paid the new charge.
It’s not an entirely terrible idea to be honest. 200% might be rather over cooking it.
But 15,266 households? 1.5 million maybe…..