The Report oi here (See Chapter 3)
http://labour.org.uk/wp-content/uploads/2019/06/12081_19-Land-for-the-Many.pdf
I cannot find any mention of abolishing the 25% reduction other than they plan to abolish Council Tax altogether and replace it.
The suggestions for a replacement sound good.
- Only home owners to pay the Progressive tax not tenants.
- There will be exemptions for low earners and pensioners and those on a benefit
- make the tax proportional on the property's land value. Currently people living in mansions are capped at 3 times Council tax when their house could be worth 100 times more.
- Labour’s new tax will discourage leaving property empty and second homes.
A long document which I have not read, but some interesting ideas. It has been authored by academics and think tankers, rather than hard lefties.