Monday, 15 October 2012

Taxing London's £2m homes will harm our economy | Mail Online

Taxing London's £2m homes will harm our economy | Mail Online

We should celebrate London’s position at the pinnacle of the world property market not try to push investors away, says prime property expert Naomi Heaton.
The chief executive of long-standing property investment firm London Central Portfolio Ltd puts the argument against heavily taxing those buying multi-million pound homes in the capital.
She says that these buyers bring money and jobs into the country and any extra tax take will be outweighed by a loss in revenues.

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