Author Archives: Brian Evans

Brian has been a member since 2015 and is the secretary of Letchworth, Baldock and district branch in Hertfordshire. He describes himself as a 'sedentary activist

Penny power

Someone wrote an amazing article on LDV a few weeks ago, proposing a kind of national transaction tax (I can’t recall the precise term he used) levied on every electronic payment made in the country. We must make millions of these across the nation every day for business and personal purposes. Moreover, at the infinitesimally low rate of 0.005% – is that a halfpenny on £100? the decimals baffle me – the product would finance a Universal Basic Income of something like £800 per person per month. OK, it’s not enough to live on, the argument goes, but even at …

Posted in Op-eds | Tagged | 6 Comments
Advert

Recent Comments

  • PM
    "the general public perception that somehow the BoE Base Rate is linked to the cost of borrowing" This is because it is. The banks can always ...
  • Pawel Urbanski
    Jana - I like it. It is addressing the issue practically. The pitch is never empty and the operator loses nothing. The harder part comes later. Rules, even cont...
  • cim
    The constitutional preamble has two big problems with it as a statement of "what the Lib Dems are for" 1) As a statement of principle it doesn't distinguish ...
  • Jason Connor
    I think it's really disappointing to see another poster call those who disagree with them a numpty. That kind of patronising insult devalues their argument. The...
  • David Evans
    No! What are you thinking about?...