Tag Archives: tax policy

Musings on the Cinderella part of “tax and spend”

Unlike a lot of you, I was in the conference hall on Saturday morning for the debate on business tax. It was nice to see this issue being debated, but it is a reflection of political debate in general that the Hall was pretty quiet and that speakers cards were few in number. It seems that, for Liberal Democrats, as for politicians of other stripes, spending money is much more politically sexy than raising it.

The motion itself was relatively anodyne. Could anybody seriously contest the proposal that corporate taxation would benefit from simplification? Of course not. Would greater transparency of …

Posted in Op-eds | 24 Comments

What the Lib Dems can learn about economics from Donald Trump

https://www.flickr.com/photos/wwarby/4860335535/in/photolist-8puuqx-nH9KhK-x5gkW-a2Yx4D-8putCp-a32qpS-a2YbjP-9kJJvt-7b8177-8puprR-6SKbQG-6SKbZG-oKCWvp-dkaUyr-v2EDLi-r1tFvY-r1tFHm-9kNUaq-4Mph7K-ChcB23-8puqfH-8pxBCE-8pxDRo-9kJHqK-aWwhx4-9VBBzN-5WEQZB-a2Ybz8-9kJLQR-9kP8co-4icUAV-9kMMvL-9kMSBb-9kMNwd-bYafLo-8purhr-9kKZfe-nzKQ2n-yNYtG-8pup2p-8purRn-hKv96Z-8pupSi-8pust2-bZPiEm-9kP7hq-a32p7J-8upwDg-5MSyss-9kMKy9Not least among my irritating habits is that I often take the opposite side of the argument to whatever the consensus is at any one time, not because I necessarily believe it, but rather to test my knowledge of my own point of view.

But there are times when even my ability to agitate for an unpopular cause runs aground. Donald Trump’s presidency is one where the well of mischief runs dry.

But there is a lesson for liberals in Mr Trump’s economic policies, as his actions reveal the failings of trickle-down economics …

Posted in Op-eds | Also tagged , and | 1 Comment

Opinion: Fairer taxes

You don’t have to talk to many people about tax these days before someone brings up how unfair it is that some of the biggest international companies and brands seem to be able to find ways of getting out of paying any.

And at the same time, many people are themselves feeling the financial squeeze in their own budgets.

So in preparing new tax policy for the party to debate at autumn conference, we have worked to create a fairer balance: a tax system which helps those on low and middle incomes, and ensures that the richest companies and individuals …

Posted in Op-eds | 26 Comments

That ‘jewelry tax’ proposal

Jewellery shot for RK Jewellers 01“Now they want to tax jewellery: New Lib Dem wealth plan to target ALL assets” screamed a headline in the Mail on Sunday yesterday, warning their readers of the latest appalling imposition that Lib Dems in government were about to put upon the public.

“Families will be forced to pay tax on jewellery and other heirlooms under controversial new plans drawn up by the Liberal Democrats. Under the scheme, tax inspectors would get unprecedented new powers to go into homes and value rings, necklaces, paintings, furniture and other family treasures.” they said. If you really want to, read the full article here.

Posted in News | Also tagged and | 21 Comments

Is bringing back the 10p rate band such a good idea?

It is hard to believe that it has been five years since Gordon Brown announced the abolition of the 10p rate band, and I am as surprised that it has taken until now for someone to suggest reintroducing it.

At Conservative Home, Robert Halfon MP argues;

Restoring a 10p rate of income tax, between £9,205 and £12,000, would cost around £6 billion a year according to the House of Commons Library. This is significantly cheaper than raising the personal allowance to £12,500 (which could cost as much as £14.4 billion). It also has the advantage that it would benefit all workers,

Posted in News | Also tagged | 19 Comments

Why is the UK government encouraging companies to use tax havens?

Plans by the government to change Controlled Foreign Companies (CFC) rules are threatening to deny the developing world billions of pounds in tax revenues. The current CFC rules discourage UK companies from using tax havens, by requiring them to pay UK levels of corporation tax whether they are based in the UK or abroad. This system discourages the practice of profit shifting and protects the tax incomes of both the UK and developing countries.

The changes were proposed in the Budget earlier this …

Posted in Op-eds | Also tagged and | 8 Comments
Advert



Recent Comments

  • User AvatarKatharine Pindar 23rd Sep - 12:46am
    Roger Lake, you do indeed have a bee in your bonnet, but to me UBI is a far weaker policy than many that our party...
  • User AvatarRoss McLean 23rd Sep - 12:34am
    I agree with John Grout. That speech by Naimh was memorable.
  • User AvatarMichael BG 22nd Sep - 11:51pm
    Bill le Breton, Kingston was a second tier target seat in 1997. So they received some outside support but members were not encouraged to go...
  • User Avatarfrankie 22nd Sep - 11:47pm
    Well Roger they have their first major Brexit test, getting the Thomas Cook tourists home. Now I know the Brexi's and Lexi's will wail tis...
  • User AvatarRoger Lake 22nd Sep - 11:10pm
    If we expect an election very soon, perhaps we should be looking forward to the next one, in 2024, perhaps? It looks quite possible that...
  • User AvatarJohn Grout 22nd Sep - 10:57pm
    I think Niamh O'Connell's standout speech from the Europe debate deserves a place in the list of favourites, among the speeches that actually happened. I...
Thu 10th Oct 2019