20th March 2006, 10:28 PM
I think concepts are being mixed here.
A tax on devlopment called a betterment tax existed in 1960s and was abolished. At present there is an unofficial tax via section 106 agreements which i think the government is trying to regularise.
There are already capital gains and coperation tax. This is very different to an insurance based scheme run by the private sector.
Peter Wardle
A tax on devlopment called a betterment tax existed in 1960s and was abolished. At present there is an unofficial tax via section 106 agreements which i think the government is trying to regularise.
There are already capital gains and coperation tax. This is very different to an insurance based scheme run by the private sector.
Peter Wardle