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.
Finance
Richard Murphy – When the Reform of Capitalism is Essential so too is the Reform of its Accountability
Financial groups have become extremely powerful forces in the financial world. There is no control, as they appear to have become a law unto themselves. BlackRock alone purportedly now oversees $7.4 trillion of assets. That’s […]
Finance
The Gig – Hooked
Bama Athreya wanted to understand why people would drive for Uber. In this episode you’ll meet some of the drivers I met and interviewed: Tess from South Africa, Rebecca from California and Yaseen from London, […]
National Politics
Renegade Inc. – George Galloway, Lindsey German: “Sir” Tony Blair – No Thanks Ma’am!
There are just three words that make any right-thinking British person convulse. Those words are Sir, Tony, Blair. To the consternation of many, it was recently announced that the former Labour Prime Minister and war […]
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