Steve Reed says Andy Burnham should stick to his Manchester job following leadership speculation – UK politics live | Politics

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Burnham calls for council tax rebanding, so expensive homes pay more, and possible revival of 50p tax rate for top earners

In his New Statesman interview published yesterday Andy Burnham, the mayor of Greater Manchester, set out some of the policy ideas he thought the government should be adopting.

Here are some more that he floated in his Telegraph interview.

  • Council tax rebanding, so that people living in the largest homes pay more. There is widespread agreement that the current system is overly-generous to people living in the most valuable homes, because they pay much less council tax as a share of the property’s value. Burnham said there was a “huge underpayment of tax that should now be corrected”. He explained:

If you look at London, I think there are people in homes that are even in double-figure millions paying less council tax than people [in Manchester]. It’s just not justifiable … where something is like that, it needs fixing.

The Economist recently published an article with this chart making Burnham’s point.

Council tax as share of property value Photograph: Economist

I would urge the chancellor to consider a tax change at the other end. The 10p tax, I think, was actually one of the really innovative and quite interesting things that the Labour government did.

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