We need to ensure a permanently higher rate of corporation tax on the banks and the utilities, with the money spent on reimbursing employers’ National Insurance contributions for workers aged 25 or under and 55 or over, and with strict regulation to ensure that no cost is passed on to workers, consumers, communities or the environment.
We need to mutualise the banks and to return the utilities to public ownership, while safeguarding the United Kingdom by opposing any relinquishment, either of central government’s preference share in any corporation that included the Bank of Scotland, or of central government’s controlling interest in the Royal Bank of Scotland.
We need to ban any company from paying any employee more than ten times what it pays any other employee, with the whole public sector (including MPs and Ministers) functioning as one for this purpose, its median wage pegged permanently and by statute at the median wage in the private sector.
We need to require every public limited company to have one non-executive director appointed by the Secretary of State for a fixed term equivalent to that of other directors, and responsible for protecting the interests of workers, small shareholders, consumers, communities and the environment.
We need a unified system of personal tax allowances, benefits, pensions, student funding and minimum wage legislation, so that no one’s tax-free income falls below half national median earnings.
We need to give every household a base of real property from which to resist both over-mighty commercial interests and an over-mighty State.
And we need to abolish non-domicile tax status.
That would be a start, anyway.
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How's it going with the 99 Club?
ReplyDeleteHaving attracted a certain sort of very welcome attention, it has been subsumed into a greater reality. More of that later in the year, once several other things are out of the way. Now, on topic, please.
ReplyDelete"Having attracted a certain sort of very welcome attention, it has been subsumed into a greater reality."
ReplyDeleteWhat does that mean?
You'll see. As, in many ways, will I.
ReplyDeleteI am not putting up anything more off topic.
Serious question: Instead of repeating yourself constantly re policy ideas and political party history, why not write a book?
ReplyDeleteI am already working on my third and fourth. The first is being copy-edited. The second may never see the light of day because it is more for a certain niche market and these are not really niche market times. But it is finished and ready to print, complete with a preface by someone terribly grand in the field. So it's all go.
ReplyDeleteGlad to see that you react so badly to the suggestion that your kind might deign to pay tax. That's what we like to see.
How many members did The 99 Club attract? Who is the publisher of your first book?
ReplyDeleteCompanies would not need a non-executive director to protect the rights of workers if everyone joined a union and the government repealled thatcherite anti-trade union legislation.
ReplyDeleteAnonymous, you'll see the answer to the first of those questions a lot sooner than you'll see the answer to the second. But they are both out of my hands.
ReplyDeleteLiam, quite so. But then again, why not have that director elected through the union(s)?
"Glad to see that you react so badly to the suggestion that your kind might deign to pay tax."
ReplyDeleteExcuse me?! I don't earn enough to avoid tax!