There is an obvious way to tackle this inequality. It is called an investment income surcharge. We had one in the UK for more than 20 years, but Margaret Thatcher got rid of it. It is time that we had one again, creating an additional 15% tax charge on income from wealth of more than £10,000 a year.
Economics
Arjun Jayadev – Inequality: Why Should I Care?
Inequality is an issue we all face every day, from income disparities to gender discrimination. In this first lecture in the Institute for New Economic Thinking’s “Inequality 101” series, Arjun Jayadev explains the vital importance […]
Economics
Richard Murphy – Quantitative Easing explained
This may be focussed on Britain, but the principle is the same everywhere.
Economics
Aufhebunga Bunga – Übermenschen of Capital: Leigh Phillips & Michal Rozworski
On democratic planning. Leigh Phillips and Michal Rozworski propose we look at Walmart and other giant corporations as sites of planning, not of markets — and that this fact proves planning works. Rather than rely […]
Be the first to comment