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
George Monbiot – The New Political Story that could change everything
To get out of the mess we’re in, we need a new story that explains the present and guides the future, says author George Monbiot. Drawing on findings from psychology, neuroscience and evolutionary biology, he […]
EU politics
Neoliberalism: the idea that swallowed the world
From The Guardian Stephen Metcalf: Neoliberalism: the idea that swallowed the world The word Neoliberalism has become a rhetorical weapon, but it properly names the reigning ideology of our era – one that venerates the […]
Economics
Jim Stanford – The minimum wage myth
There is another myth that needs slaying: Minimum wage increases kill jobs
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