What does Corbynism mean in reality? Momentum supporters on Bristol council are plotting to treble council tax for over 15,000 households. The Bristol Post reports the Labour council there has a projected deficit of £108 million, and Momentum’s plan to balance the books is a 200% council tax rise for the most valuable 8% of properties. The remaining 92% of households would see an inflation-busting council tax increase of up to 5%.
Guido is told that this would be illegal under local government finance rules. With the return of loony lefty councils you can be sure of one thing: “Vote Labour, get higher taxes…”