London Homeowners Will Sweat on Burnham's Land-Tax Plans

Once more with feeling. Andy Burnham’s arrival in Downing Street has brought to power a long-time advocate of a tax on the value of land, stirring speculation and alarmist headlines about the likely impact such a measure would have on house prices in London and the wealthy southeast of England. It’s more than a century since Liberal Party politician David Lloyd George unwound Britain’s last, failed experiment with a land levy. Burnham comes to office promising big and bold change; it wouldn’t ge