It is likely that such taxpayers also pay a big proportion of stamp duty, capital-gains tax and inheritance tax.
An increase in either stamp duty or capital gains tax are other possibilities if the council tax option is ruled out.
Mr Cable said UK Financial Investments (UKFI), which was set up to manage taxpayers' shareholding in the banks, should make it clear that their principal duty was to provide capital to the British economy and to British companies.
Fiduciary duty requires that institutions invest capital with the expectation of earning a competitive rate of financial return commensurate with risk.
But it rules out devolving corporation tax unless it is also devolved to Scotland and Northern Ireland, national insurance, capital gains tax, VAT and fuel duty.
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Higher property prices boost tax revenues directly, through levies on capital gains or on transactions (such as stamp duty in Britain).
ECONOMIST: Governments will need to find new ways of raising tax
Security for the visit is tight, with thousands of Israeli and Palestinian security officers on duty in Jerusalem and the Palestinians' de facto capital in the West Bank city of Ramallah.
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From the IFS report we see that the incidence of stamp duty is dual: some part of it falls upon capital, making raising capital more expensive.
When put into effect, investors in Alternative Investment Market (AIM) shares will be able to avoid capital gains tax, income tax, inheritance tax and now stamp duty.
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Stamp duty is cheap to collect but it raises the cost of capital for firms.
More than 3, 000 officers were on duty to handle the large crowds which had gathered in the capital.
There are about 33, 000 Iraqi police on duty throughout Iraq, he said, with several thousand in the capital city.
Forces from across the country are sending officers to the capital to support the Metropolitan Police, which has 16, 000 officers on duty.
Nonetheless, we have a duty at Tesla, having accepted this loan as a portion of our capital, to repay it at the earliest opportunity.
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Any tax on capital will tend to dissuade people from accumulating the wealth in the first place, but a death duty is arguably one of the better options.
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