HMG employs about 1000 valuation officers. There are about 30 million private homes. It would take 16 years to revalue them through an officer visiting every home. Given the average rise in house value is about 7% a year over the last 30 years or so, its an utterly futile effort if you seriously believe the alarmist GB News headline spread by the OP without comment (he's gullible). In reality, to revalue the vast majority of houses needs none of that. Mostly based off land registry records, talk of using aerial photos, but the updatedness of that will vary geographically. The average annual council tax bill is about £1700 a year or $2300, to pay for local services. The average US annual property taxes are $4400 a year. The vast majority of US homes are revalued by local government annually. They're not directly comparable though, because of the different statutory responsibilities of local government in each country. For instance, the budgets for the police, fire services, schools in the UK come from central government, but in the US, they tend to be locally funded. Additionally, the US has other layers of local funding through state income taxes, state sales taxes, sometime city or county sales taxes. VAT in the UK is collected by central government. Average UK total tax burden (all taxes) is 34% (OECD). In the US, when you factor in health costs, the burden is about 42% of income, of which around 14-15% is on health insurance (including employer contribution, which is effectively a charge on your salary). When you consider total disposable income after taxes, healthcare costs, housing costs, Britons are left with, on average, 56-58% of their salary, and in the US, its more like 41-49%, largely due to increased healthcare and housing costs.
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