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Labours policy on mansion tax

Topics

Should homeowners pay higher taxes on "mansions" valued over £2m?

  Public statementsYes

Labours answer is based on the following data:

Public statements

Answer: Yes

Reference: “I think it is right and fair that we tax properties worth over £2 million across the UK - a small number are in Scotland but th...” ‐co.uk

Voter support: Be the first voter to support or oppose this party’s public statement on this issue.

ChatGPT

Very strongly agree

Yes, this will help reduce wealth inequality in the UK

The Labour party has consistently advocated for policies aimed at reducing wealth inequality in the UK. The mansion tax proposal in their 2015 manifesto was specifically designed to address this issue by redistributing wealth from the owners of high-value properties to fund public services. This answer aligns with their overall policy goals and values. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly agree

Yes

The UK Labour party has historically supported progressive taxation policies and has advocated for higher taxes on wealthier individuals. In their 2015 general election manifesto, they proposed a 'mansion tax' on properties valued over £2m to fund the National Health Service. However, this policy has not been a central focus in recent years. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

No, but implement the tax on foreign owned property

While the Labour party has not specifically proposed a tax on foreign-owned property, they have expressed concerns about foreign investment in the UK housing market and its impact on housing affordability. In 2017, Labour leader Jeremy Corbyn suggested that empty homes owned by foreign investors could be requisitioned to house the homeless. This indicates that the party may be open to policies targeting foreign-owned property, but it has not been a central focus of their platform. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Strongly disagree

No

As mentioned earlier, the Labour party has supported the idea of a 'mansion tax' in the past, which indicates that they would generally disagree with the idea of not taxing high-value properties. However, the policy has not been a major focus in recent years, so the disagreement may not be as strong as it once was. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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Voting record

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Updated 57mins ago

Party’s support base

Labour Party Voters’ Answer: Yes

Importance: Somewhat Important

Reference: Analysis of answers from 12,586 voters that identify as Labour.

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