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
Jonathan Pie – Strikes
Pie lays into all the bloody poor people for daring to ask for better pay, conditions and job security.
Austerity
Stephanie Kelton, Mark Blyth, Clara Mattei – Anti-austerity: Lerner’s Functional Finance at 75
EU politics
Bill Mitchell: Reclaiming the State presentation
Bill Mitchell presents his new book written with Thomas Fazi Reclaiming the State View here
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