DPMC being Department of Prime Minister and Cabinet. Includes an interesting analysis of the impact of the tax system on the housing sector, including the suggestion that increasing the top marginal rate to 39% "may have encouraged some additional investment in rental housing".
Sounds like Labour's decsion to increase the tax on "rich pricks" has contributed to the increase in housing costs. Who'd have thunk it! (I know it partly influences my investment decisions.)
The report is here:
Sounds like Labour's decsion to increase the tax on "rich pricks" has contributed to the increase in housing costs. Who'd have thunk it! (I know it partly influences my investment decisions.)
The report is here:
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