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.
Climate Crisis
Richard Murphy: Taxes to Save the Environment – a Progressive Air Travel Tax
Richard Murphy of Tax Research UK proposes hitting those wanton frequent fliers – such as workaholic businesspersons and owners of second homes abroad – with a progressive Tax to Save the Environment (TASTE). Unpopular but […]
Geopolitics
Middle East Eye – Microsoft sells AI tech to Israel’s army, then ‘silences’ staff who speak up
8 April 2025
Geopolitics
Middle East Eye: Trita Parsi – Iran vs Israel vs Hezbollah: Who makes the first move to war?
9 August 2024 What is the price tag for convincing Iran to back down? The US is desperately trying to keep a lid on the heightened tensions in the Middle East, following Israel’s assassination of […]
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