they're flogging a dead horse with the LVT, in my view. It's been proposed many times, by many people, and the counter argument is the same, that it screws over retirees who are asset rich, but have a limited income, and for whom living in a paid off house was part of the retirement plan.
Yes, I know it's only land value, and there are mechanisms to delay paying, but it's going to be a massive loss of equity.
Labour were smart enough to leave the family home out of it in their CGT proposal.