THE GREAT PROPERTY SWINDLE - UK LAND REGISTRY
I’d like to throw my own and anyone else’s support behind the catastrophic state of the land registry in the UK.
As Kevin Cahill points out in his 7/3/11 New Statesman article “homes and businesses in the UK pay as much as £57bn annually in de facto land taxes”. By contrast, agriculture is subsidised by £3-5.5bn per year.
Bridget Prentice, parliamentary undersecretary at the Ministry of Justice even pointed out ‘The Crown is the ultimate owner of all of the land in England and Wales (including Scilly): all holders own an estate in land.”
Freeing up this money would decentralise money and power from the elite, return money to middle and working classes and form part of a movement towards the more meretricious and fairer organisation we need.