What happened
The new PM could bring in revenue for social care or defence with a land levy or by reforming council tax Residential property is the largest store of wealth in the UK, and has long been a target for those who believe homes should be taxed more.
Why it matters
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Global context
The story is being tracked through Global Markets.
Who is affected
Global Markets
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The consequence layer
AtlasHour context: this story may affect public policy, global affairs, business confidence, technology direction, energy security, or civic life.
What To Watch Next
Three facts to keep in view
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