What is a mansion tax' and how would it work?
Briefly

What is a mansion tax' and how would it work?
"Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging. At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story."
"With Labour's autumn Budget less than a month away, the Treasury is reportedly considering ways to shake up property tax in the UK, including a controversial new levy on high-value properties. Chancellor Rachel Reeves may need to find at least 22bn at the upcoming fiscal event, researchers from the Institute for Fiscal Studies (IFS) recently warned, as weak growth forecasts continue to reduce room for manoeuvre."
The Independent covers issues from reproductive rights and climate change to Big Tech, investigating topics like Elon Musk's pro-Trump PAC and producing the documentary 'The A Word', which spotlights American women fighting for reproductive rights. The publisher operates without paywalls and appeals for donations to fund on-the-ground reporting and to present both sides of stories. With Labour's autumn Budget approaching, the Treasury is considering property tax changes, including a mansion tax on high-value homes. Chancellor Rachel Reeves may need at least 22bn, while an OBR productivity downgrade could add another 20bn gap. Ministers say any tax rises should target the wealthiest.
Read at www.independent.co.uk
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