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
Richard Murphy – The banking system is just a charade as the failure of First Republic in the US proves
Has the US government taken over the banks, or the banks taken over the US government? Richard Murphy is an economic justice campaigner. Professor of Accounting, Sheffield University Management School. Chartered accountant. Co-founder of the Green […]
Geopolitics
Jeffrey Sachs, Judge Napolitano – Israeli Extremists Prevail
30 September 2024
Economics
Steve Keen, Phil Dobbie – How does liquidity impact the economy?
For most of us liquidity is an easy concept to understand. Have we got enough cash to pay our bills? For small businesses it is a simple case of managing your cashflow and ensuring your […]
Be the first to comment