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.
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 […]
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 […]