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The Guardian - UK
The Guardian - UK
Business
Michael Savage Policy Editor

Former Sunak adviser urges Labour to introduce wealth tax on housing

South Kensington roofs in London.
South Kensington roofs in London. Photograph: Baloncici/Getty Images/iStockphoto

Council tax and stamp duty are “unfair and unpopular” English taxes that should be abolished, says the economist who devised the Covid furlough scheme.

Tim Leunig, who has advised a series of cabinet ministers, including Rishi Sunak during his prime ministership, said it was time for a new and radical approach that would axe the two taxes and replace them with proportional levies.

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