Mark Wadsworth. I'm surprised that Ben Southwood's article made it unredacted into today's City AM: Some taxes distort the economy far more than others for every pound they raise for the Treasury. By this measure, stamp duty land tax is the country’s worst – and the chancellor should skip reform and go straight to abolition in this year’s Budget. Not true, VAT is the worst, NIC is the second worst, but hey.. Stamp duty [sic] now funds three times as big a proportion of the state’s budget than it did during the 1. It is technically voluntary, but if you don’t pay it when you buy a house, the transfer of property deeds won’t be valid. That is not actually true; SDLT is triggered when there is 'substantial performance' of the contract, actual legal completion is irrelevant. In 1. 99. 3, 4. 2 per cent of properties were liable for it.

City were not at their all-action best early on as Burnley looked comfortable at the back, but the game turned on a penalty decision that incensed the visitors when. The results to last week's Fun Online Poll were as follows: The UK's North-South divide runs from. Chester to London - 8% Bristol to Norwich - 76%. AUCUN ARTICLE. Désolé cette page ne contient aucun article. Search the site: Ce vendredi 20 octobre : Concert afterwork à 19h > White Moss (ROCK).

Kilauea; Mount Etna; Mount Yasur; Mount Nyiragongo and Nyamuragira; Piton de la Fournaise; Erta Ale.

Today, 7. 3 per cent are, and rates have skyrocketed to 1. We have a housing shortage in the UK. There isn’t enough floor space to go around in the places people most want to live. There is no overall housing shortage; by definition there will always be a shortage of homes in places people most want to live.

• The following are notable people who were either born, raised or have lived for a significant period of time in the U.S. state of Texas.
• Charlie Pierce on all this ESPN nonsense and newspapering and what not is so fantastic and I’m bitter we didn’t run it. Go check it out. [SI].

If housing is freely available then making sure each house goes to who values it most is less important, but when you have a scarce supply, allocating homes effectively is vital. But it is in precisely this market that we have repeatedly hiked a tax specifically on transferring homes. The real world effect is fewer people moving, meaning more of us living in areas far from our jobs, crammed into tiny boxes, or with spare rooms we don’t need. This causes more stress, more pollution, and lower economic activity overall. It also results in less of the complementary consumption you get when people move house – removal vans, extensions, decoration, and furniture. Agreed, although the 'complementary consumption' is not really adding to the economy (broken window fallacy). Stamp duty isn’t the main cause of the housing crisis, nor is scrapping it the main answer.

Building more houses in the places that people most want them is obviously the biggest solution. Not true; demand for homes in the most desirable areas is more of less infinite; build them and they will come; more people = agglomeration benefits = higher prices etc.

Areas with the highest densities/largest number of people have the highest rents/prices, just look at a bloody map. But this tax is making it worse by stopping houses from getting to those who value them most. Agreed. This damage totals around 7. Australian government review, the findings of which echo what I have found across my research. That’s £1. 0bn worth of wider damage to the UK economy on top of the cost to those actually paying the tax. Not sure how they work that out; £1. GDP, so you wouldn't be able to reliably measure it anyway.

But let's accept it as perfectly plausible. In contrast, income taxes and VAT do only around 2. Looks about right; if you assume an overall average 4.

So apply his 2. 0p deadweight costs to total revenues from income tax, VAT, NIC and corporation tax of about £4. SDLT.. and recurrent property taxes like council tax do almost no damage at all. In my Adam Smith Institute paper out today, I offer Philip Hammond a solution: scrap stamp duty land tax and fix council tax to replace the revenues. This is a tweak that would not cost the Treasury anything at all, but would replace a hugely damaging levy with a much milder one. Council tax as it currently stands is regressive and based on outdated values, hitting deprived parts of the country disproportionately by taking no account of the rapid and unbalanced house price changes since 1. It would be easy to make it more progressive by linking it more coherently to property rental values.

Woah! How did that get past the Homey censors at City AM!?! It's clear that they'd lap up the bit about scrapping SDLT, they must have overlooked the sting in the tail.

That would take from those who have gained the most from the booming housing market, but these owners would be the ones to directly benefit from lower stamp duty when they sold. Essentially, it would lower the cost of moving home, without significantly disadvantaging either homeowners or the Treasury. When surveyed, people typically rank stamp duty as one of their most hated taxes, right up there by inheritance tax. I'm not sure people hate SDLT that much; it's a one- off hit every couple of decades and you move on with your life. But Inheritance tax is the next most obvious tax to toll into a reformed Council Tax (by which he actually means Land Value Tax, although he daren't say it) or else it is a double charge on valuable homes/land. The people are not always right, but on this one the chancellor can get a win, win, win: make the electorate happy, rebalance the country, and boost productivity by addressing the housing crisis – all without creating any hole in the Budget. Except that people appear to hate Council tax most out of all taxes, duly whipped up by the whole Home- Owner- Ist lobby.

The bit he misses is that, yes, removing SDLT would increase the number of housing transactions; with the desired effect that older people/low earners would be more likely to move out of more productive areas allowing younger/more productive people to move there, that's where the estimated £1. Making up the revenue shortfall with a reformed Council Tax would easily double the effect, so it is not that it does "almost no damage at all", but actually boosts the economy; it has negative deadweight costs.

List of people from Texas. Location of Texas in the U. S. map. The following are notable people who were either born, raised or have lived for a significant period of time in the U.

S. state of Texas. Founders and early settlers of Texas[edit]Augustus Chapman Allen (1. John Kirby Allen (1. Houston. Stephen F. Austin (1. 79. 3–1.

Father of Texas"Padre José Nicolás Ballí (c. Padre Island. John Neely Bryan (1. Dallas. Moses Austin Bryan (1. Texas. David G. Burnet (1. President of Republic of Texas.

Prince Carl of Solms- Braunfels (1. German immigrants in Texas. Henri Castro (1. 78.

Jewish empresario. Jesse Chisholm (1. Indian trader, guide, interpreter, namesake of Chisholm Trail. Jao De La Porta (fl. Galveston Island. Johann Friedrich Ernst (born Friedrich Diercks) (1.

German to bring family to Texas, benefactor to German immigrants. Warren Angus Ferris (1. Dallas. Henry Francis Fisher (1. German settler, explored and colonized San Saba area. Samuel Rhoads Fisher (1. Republic of Texas and later its Secretary of Navy; namesake of Fisher County. Sam Houston (1. 79.

President of Republic of Texas, later U. S. Senator and Governor of Texas. Anson Jones (1. 79. President of Republic of Texas, called "Architect of Annexation"Mirabeau B. Lamar (1. 79. 8–1. President of Republic of Texas, one of strongest proponents of Texas Navy.

Jane Herbert Wilkinson Long (1. Mother of Texas"Collin Mc. Kinney (1. 76. 6–1. Texas Declaration of Independence; both Collin County and its county seat, Mc. Kinney, are named for him. Jose Antonio Navarro (1. Texas statesman, revolutionary and politician.

Robert Neighbors (1. Indian agent, soldier, legislator. Cynthia Ann Parker (1.

Comanche Indians; mother of Quanah Parker, the last Comanche Chief. Daniel Parker (1. John Parker (1. 75. Texas settler. John Richard Parker (1. Comanche Indians.

Emily Austin Perry (1. Texas. Elijah Sterling Clack Robertson (1. Sterling C. Robertson (1.

Texas Declaration of Independence. Thomas Jefferson Rusk (1. Secretary of War of Republic of Texas, Chief Justice of Supreme Court of Texas, U.

S. Senator after state's admission to U. S. Charles Schreiner, Sr. Texas Hill Country," rancher, businessman, banker, philanthropist in Kerrville. Edwin Waller (1. 80. Texas Declaration of Independence.

Frank E. Wheelock (1. Lubbock, 1. 90. 9- 1. Lorenzo de Zavala (1. Republic of Texas, signer of Texas Declaration of Independence.

Military/war[edit]The Texas Revolution/The Alamo[edit]James Bowie (1. Battle of the Alamo. William Joel Bryan (1.

Texas Revolution, landowner. Edward Burleson (1. Watch While You Were Sleeping Streaming on this page.

Texas Revolution, later Vice President of Republic of Texas. John Coker (1. 78. San Jacinto. Davy Crockett (1.

U. S. Congressman from Tennessee, died at Alamo. James Fannin (c. 1. Texas Revolution. Thomas Green (1. 81. San Jacinto, brigadier general in Confederate Army. Sam Houston (1. 79.

Texian Army at the Battle of San Jacinto, which won independence for Texas. Henry Karnes (1. 81.

Texas Revolution. Robert J. Kleberg (1. Battle of San Jacinto; descendants owned and managed King Ranch. Benjamin Milam (1. Texas Revolution.

Emily West Morgan (c. The Yellow Rose of Texas" who, legend has it, helped win Texas Revolution. Joel Walter Robison (1. Fayette County; General. Antonio Lopez de Santa Anna rode double on Robison's horse into Sam Houston's camp on April 2. Juan Seguin (1. 80. Tejano hero during Texas Revolution.

John William Smith (1. Battle of San Jacinto; later first mayor of San Antonio.

Alfonso Steele (1. Battle of San Jacinto.

William B. Travis (1. Texas forces at Alamo. Logan Vandeveer (1. Watch Kickoff HD 1080P more. San Jacinto. William A. A. "Bigfoot" Wallace (1. Texas Ranger who fought in Texas Revolution, Mexican–American War, Civil War. American Civil War[edit]John Baylor (1.

Confederate colonel, politician, military governor of Arizona Territory. John Henry Brown (1. Confederate officer, served on staffs of two generals. Nicholas Henry Darnell (1. Texas Cavalry Regiment, known as "Darnell's Regiment"; Speaker of House for both Republic of Texas and state of Texas. Dick Dowling (1. 83. Sabine Pass and famous Houstonian.

John "Rip" Ford (1. Texas Rangers legend and commander at Battle of Palmito Ranch. Milton M. Holland (1.

Union soldier, won Medal of Honor. John Bell Hood (1. Hood's Texas Brigade and Confederate General.

Samuel Ealy Johnson, Sr. U. S. President Lyndon Baines Johnson.

Albert Sidney Johnston (1. Confederate General and commander of Confederate western forces. John J. Kennedy (1. Confederate cavalry officer, ended Regulator- Moderator War. John B. Magruder (1. Confederate General at Battle of Galveston. Benjamin Mc. Culloch (1.

Texas Revolution, Texas Ranger, U. S. Marshal, and brigadier general for Confederate States of America. Henry Eustace Mc.

Culloch (1. 81. 6–1. Texas Revolution, Texas Ranger, and brigadier general for Confederate States of America. Felix Huston Robertson (1. Confederate general who was native- born Texan. Lawrence Sullivan "Sul" Ross (1. Confederate general, Governor of Texas, President of Texas A& M University, namesake of Sul Ross State University.

William Read Scurry (1. Confederate General at Battle of Glorieta Pass. Pleasant Tackitt (1. Confederate Officer and county official at Fort Belknap, Texas; a founder of Parker County, Texas. Charles S. West (1.

Confederate officer and judge advocate general for Trans- Mississippi Department. Louis T. Wigfall (1. Confederate General and Senator from Texas, secured surrender of Fort Sumter. World War I[edit]Charles Gray Catto (1. Daniel R. Edwards (1.

Medal of Honor. William S. Graves (1. 89. 5–1. US forces in Siberia during the allied intervention in Russia. David E. Hayden (1. Navy corpsman, Medal of Honor recipient. Robert Lee Howze (1. Major General of 3.

Infantry Division, commander of Third Army of Occupation of Germany, Medal of Honor recipient. Louis Jordan (1. 89. All American, first US Army officer from Texas to be killed in action during World War IWilliam Thomas Ponder (1. Edgar Gardner Tobin (1. World War II[edit]Harlon Block (1. Mt. Suribachi at Iwo Jima.

Romus Burgin (born 1. U. S. Marine, author. Charles P. Cabell (1. U. S. Air Force general; later Deputy Director of Central Intelligence Agency. Horace S. Carswell, Jr. Army Air Corps major, awarded Medal of Honor.

Claire Chennault (1. Flying Tigers"Robert G. Cole (1. 91. 5–1. Medal of Honor for role in D- Day. Normandy invasion. Samuel David Dealey (1. U. S. Navy submarine commander, received Medal of Honor and other distinctions for valor.

Ira C. Eaker (1. 89. Eighth Air Force in World War IICalvin Graham (1. US serviceman of World War IIDean E. Hallmark (1. 91. 4–1.