It has been suggested that the house price (land price) bubble could have been prevented by a Capital Gains Tax. There is also a feeling that capital gains, on, for instance, share transactions, should be taxed as they are an unearned profit. So shouldn’t we be supporting them?
A pat on the back for Tax Justice
It is good to be able to say something complimentary about Tax Justice for once. They have given a good write-up to the International Union’s April conference on their website in an article headed “Why is so much wealth in the hands of so few?“
Tories in trouble
Such is the failure of Labour that one would have expected that the Conservatives would have been firmly set to win the next election. That the opinion polls show such a narrow lead is an indication of the Tories’ own inadequacy. When all they can offer is a vote for change, one must conclude that Britain’s political classes are utterly failing the country. “Vote for change”?...
What is the Tax Justice Network up to?
It has been suggested that the various movements with an interest in LVT, including the Campaign, should work together with the Tax Justice Network (TJN). On the face of things, this is an excellent idea. TJN’s main concern is tax avoidance, and since LVT cannot be avoided or evaded, there is obvious scope for collaboration. Or so one would have thought. The brains behind TJN, John Christensen,...
The week in Worsemesster
Our team of newshounds stalk the corridors, comb the columns and earwig the airways to bring you the latest news, comment and criticism. Our reporter had a hidden recorder when Alasspoor Darling was interviewed by the BBC after the announcement that Britain was officially out of recession. This is what the Chancellor really said:
“I can officially announce this evening that we have come...
Petition
If you support our aims, please sign our petition on the Prime Minister’s website
2010 – European Year of Poverty
Did you know that 2010 is European Year of Poverty? The EU commission group established to run this campaign tells us that “The European Union is one of the richest areas in the world, but still 17% of EU citizens have such limited resources that they cannot afford the basics.”
This is interesting because it is EU policies that have played a significant part in creating...
It’s Fairtrade Fortnight
It’s Fairtrade Fortnight. A few weeks ago we looked at the effects of “Fairtrade”. Fair trading does not, and can not, bring about a general improvement in the living conditions of the third world farmers who are meant to benefit from it. Those who advocate such schemes should look at the economic reality behind such feelgood schemes. “Who owns the land?” is always...
£ sinks on prospect of hung parliament
The pound has fallen as the markets contemplate the prospect of a hung parliament after the General Election. The drop follows an opinion poll published in the Sunday Times showing that the Conservatives’ lead is down to just two percent over Labour. If that is how the votes are cast on polling day – expected to be 6th May – Labour would end up with enough seats to lead a hung...
Non-doms and other tax dodgers
A row about tax exiles has erupted again. The main point made is that people with huge fortunes round the world should pay UK tax if they are UK citizens. Why?