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by ben_w 1213 days ago
Was it? I get she had (and still has) a total lack of awareness of… well, anything… but I thought the problem was that that (income) tax cuts she announced weren't connected properly to the expenses in the same budget and the international markets (and IMF!) said "you can't afford this level of borrowing".

Neither rent control, for all its long term issues, nor utility bill limits were something I remember being brought up.

Council tax in particular, I think isn't done by central government? Although it probably should be, given how messed up local council funding seems to be.

1 comments

Council tax is done locally and basically has to be as high as it can be because the vast majority of it goes to things like care for wealthy pensioners (about half of council tax goes to adult social care). This used to be at least part-funded by central government (which raises its income mainly from taxing workers)

It's sort of based on house values, but that's values in 1990 so very little relevance to today, and its certainly not proportional -- someone in a £5m house pays just 3 times the amount someone in a £80k flat.