Tag Archives: tax

WATCH: Willie Rennie’s speech to Scottish Conference

Here is Willie Rennie’s speech to Scottish Conference.

If you don’t have time to watch the whole thing, here are a few highlights:

On Lib Dem values:

We stand with the weak against the strong, and will use the power of government to tackle the social and economic injustices that limit freedom.

We say power is safer when it is shared and will trust communities and individuals with the power to control their own lives.

We are trustees of our world, and our society, and must pass on a sustainable legacy which will benefit future generations.

Hammering the Tories:

Well, we know that the Scottish Conservatives are the Baked Alaska of politics.

Apparently warm, fluffy and attractive on the outside.

But when you cut it open you find an ice cold heart.

That went down well in the room, but the slight flaw in the logic is that Baked Alaska is delicious.

There was a strong section on tax, described as “pickpocketing” by the Tories:

Is it theft to invest in building the best education system in the world?

Is it pickpocketing to provide the social care for those in need?

Is it a crime to want to create a fairer society?

I tell you that this is no time for narrow, selfish Conservatives.

For care, for education, for a fairer society this is the time for Liberal Democrats to stand up and be counted for the greater good.

Alex Salmond’s decision to do a show on Russian propaganda channel Russia Today came in for some serious and not so serious commentary:

Good afternoon conference.

Or dobryj dyen to Mr Salmond.

Actually, conference, I don’t want to joke about it.

Russia is undermining western democracy.

They undermined the campaign of President Macron.

Attacked Chancellor  Merkel.

We first heard about them when we found out they had undermined Hillary Clinton.

When we met here a year ago people were grief-stricken that the first woman to run for President was defeated in the way that she was.

So it is a disgrace that Alex Salmond has decided to supplement his First Minister’s pension by legitimising a Russian organisation whose mission is to undermine western democracy. It’s a disgrace.

He really went after the Brexiteers on immigration:

Boris Johnson should explain why world class university research is on the wane because researchers have moved to other parts of the world.

Nigel Farage should tell shoppers why they can’t get home grown fruit, fish and veg in our shops because we don’t have enough people to grow them.

Theresa May should tell you why you can’t have a carer for your elderly mother, or why you have to wait weeks to see your GP because they have all gone back to Europe.

And Jeremy Corbyn should come and tell you why public services are being cut because we have fewer workers paying tax to fund these vital services.

When all of this happens, you can point to every leader who backed Brexit in the full knowledge of the price of Brexit but didn’t have the courage to stand up and be counted.

And he showed the right kind of humility and willingness to listen on sexual harassment:

Some people ask women – “why did you not mention anything before?”

Let me put this as politely as I can: communication requires listening as well as talking.

Maybe they haven’t been listening.

So instead of all the excuses let’s all make sure we are listening now.

This is not nothing.

This is not the fault of women.

This is our opportunity to listen.

Listen to the decades of frustration and anger.

Listen.

And if we listen, we will change.

Enjoy the whole thing:

The text is below:

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Corbyn’s pay cap plan boosts the rich, not the poor

As usually happens when hard line Socialist utopias are created, Jeremy Corbyn’s maximum pay plan would help the rich not the poor.

That is because when employees reach the maximum, other ways would be found to reward them which would increase inequality and reduce the tax take from the rich.

In Soviet Russia access to the splendour of the Bolshoi Ballet was a perk for the wealthy. The poor weren’t helped, and no tax was collected on the perk.

So it would be if Corbyn got his way.  Employers would pay bonuses, perhaps in shares or profit share, when they can’t pay extra cash. The thing is, shares or profit shares, when sold, are liable to Capital Gains Tax, not Income Tax as wages are, and the capital gains tax rate is lower than the income tax rate above £140,000. 

Posted in Op-eds | Also tagged and | 23 Comments

Taxing multinationals

It’s time multinationals paid more tax. And the way to do that is with a point of sales tax.

Tax avoidance is huge. Take Google: The company generated more than GBP17billion in UK sales between 2005 and 2013, but paid only GBP52 million in Corporation Tax on UK profits for that period. Even George Osborne’s subsequent back taxes deal with Google, announced earlier in 2016, netted only an additional GBP130million, including interest.

Posted in Op-eds | 35 Comments

Rennie’s penny on tax for education is progressive – IPPR

The Institute of Public Policy Research Scotland has been looking at the parties’ tax plans ahead of the Scottish parliament elections.

The SNP has had a go at us for raising the basic rate of tax for workers, making out like they are protecting the low paid. In fact, IPPR says that our plans are progressive and will deliver what we say they will.

 Willie Rennie has welcomed this conclusion.

The IPPR shows that the Lib Dems’ penny (why do we not call it Rennie’s penny?) for education will raise £475 million a year, with almost half of that revenue coming from the richest 12%.

The IPPR research also shows that the Conservatives’ plans help the richest, giving those on highest incomes an extra £390 a year.

Willie said:

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Tim Farron on tax: “We must not miss this opportunity to change the system”

Tim Farron by Paul WalterTim Farron has written a note about tax on his Facebook page. As party leaders publish their tax returns, (including Willie Rennie, that’s 5 minutes of your life you won’t get back if you choose to read this unremarkable document), he says that it’s actually the system you need to change. He’ll publish his in the next few days, but that is not really the point. Here are his comments in full:

The politics of envy helps no-one, but trust in politics does.

I have no desire to poke around in the Prime Minister’s private wealth, and definitely have no desire to force him to relive the pain of losing his father, having to confront that time all over again through the pages of national newspapers.

It is absolutely essential that British people have full confidence in our leaders, and that when decisions are made and Budgets are written there is not even a slightest hint of a conflict of interest or personal gain. But we are now in a position where people no longer have complete faith in this Government’s decisions.

Trust in politics and our ability to get things done is taking another hammering. It’s an poor indictment of our political system that the demand is now so great for the public to see politicians’ tax affairs. Are we now in a world where there is an assumption that a politician is doing wrong, or is playing the system?

Posted in LibLink and News | Also tagged , , and | 17 Comments

WATCH: Alex Cole-Hamilton on tax, education, glaciers and the SNP’s “magic tractor”

This week, Edinburgh Western candidate Alex Cole-Hamilton took part in a debate on Scotland 2016 on tax.

Here are his highlights. I think my favourite was the “magic tractor.”

Scotland 2016 Tax Debate

Last night Alex Cole-Hamilton took part in the Scotland 2016 Tax Debate. If you missed it – catch the highlights below, including John Swinney's magic money tractor and our plan for education:

Posted by Scottish Liberal Democrats on Wednesday, 6 April 2016

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Should politicians publish their tax returns?

Here’s Tim Farron telling Sky News on Friday that he is going to release his tax return, regardless of whether anyone else does. He said he made his decision because he thought that people had “a right to have their confidence in their leaders enhanced and not further diminished.”

Tim Farron: “I’m Going To Publish My Tax Return”“It’s up to him. I’m going to.” Liberal Democrat leader Tim Farron on whether David Cameron should publish his tax return.

Posted by Sky News on Friday, 8 April 2016

And so, David Cameron has now published his tax return. It doesn’t really tell us anything that we didn’t know already. We discover that he’s a rich man. We discover that he and his wife get more in rent for their Notting Hill home every year than some of our homes are worth. They are getting in more than £7,500 per month.

Posted in Op-eds | Also tagged , and | 34 Comments
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