Wales, and Council tax reform. I certainly understand the constant drumbeat for reform of Council Tax but I'd encourage the Centre for Cities to be careful what they wish for. Everyone thinks going to a straight-up property value-based system is great right up until you see what happens when values shift violently from one assessment to the next, which property values in broad markets can be prone to do. A thing I said once: "market value property taxes are the rocket fuel of gentrification." https://lnkd.in/g6fZqqK6
