Callum Anderson is right about the need for a Land Value Tax, although not to see that as an alternative to the 50p income tax rate.
Kevin Meagher is absolutely right about the need to restore Child Benefit for top-rate taxpayers.
Political prisoner, activist, journalist, hymn-writer, emerging thinktanker, aspiring novelist, "tribal elder", 2019 parliamentary candidate for North West Durham, Shadow Leader of the Opposition, "Speedboat", "The Cockroach", eagerly awaiting the second (or possibly third) attempt to murder me.
Under LVT the top 100,000 wealthiest households would be paying an extra £100bn per year to the Government.
ReplyDeleteWe don't need any Income Tax to reduced inequality.
Oh, but we do.
ReplyDeleteAnd that is not its only purpose.