House tax is too much

YET another “super innovative” idea from Southampton City Council to extract more cash from the private sector without any definitive statement on how it intends to ensure it will only be spent on specific projects (“£10,000 tax on each new home”, Daily Echo, February 6).

The reality is the monies will simply end up in the overall taxation pot.

The council will follow normal procedures, because it only knows how to spend money and not how to get the best out of that which it has.

Building contractors will simply add the extra cost to the price of the home, and so hitting the hopes of first-time buyers of getting on to the housing ladder, causing them to be despondent when finding their deposit requirement has been extended yet again.

BARRY BURTON, Fareham.

Comments (1)

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4:13pm Wed 22 Feb 12

loosehead says...

Barry tell me how much has the wage for a builder/bricklayer gone up over the last 10 years? how much has the cost of a new build gone up?
these companies can sit on a site rather than lower the price with the huge profits they've made or could make.
if your telling me they couldn't soak up this amount & still makr a huge profit your in cuckoo land
Barry tell me how much has the wage for a builder/bricklayer gone up over the last 10 years? how much has the cost of a new build gone up? these companies can sit on a site rather than lower the price with the huge profits they've made or could make. if your telling me they couldn't soak up this amount & still makr a huge profit your in cuckoo land loosehead
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