Tag Archives: tax policy

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
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Recent Comments

  • User AvatarDave Page 22nd May - 4:52pm
    Link to Colin Rosenstiel's copy (with apologies for typo in previous comment): http://www.rosenstiel.co.uk/aldc/commpol.htm
  • User AvatarLaurence Cox 22nd May - 4:25pm
    It might be a good idea to download it; following Colin's sad demise, we don't know how long the Rosenstiel web site will last. [Note...
  • User Avatarpaul barker 22nd May - 4:08pm
    @ Katherine Pindar & the 6% was quickly followed by another 9% Can I appeal to everyone to either ignore Polls or look at them...
  • User AvatarDave Page 22nd May - 4:01pm
    "Theory and Practice of Community Politics" is pretty much my go-to book as a Lib Dem and I'd advise anybody read it (IIRC there's a...
  • User AvatarJennie 22nd May - 3:59pm
    ♡♡♡
  • User AvatarMichael 1 22nd May - 3:17pm
    @Katharine Pindar Obviously the most important thing we can all do is get down to Lewisham East (and I need to wean myself of LDV...