You could have a wealth tax raising a few billion or major reforms to existing taxes that could raise £100 billion or more? Which would you prefer if you wanted to tackle inequality?
Wednesday, January 17th, 2024Davos is full of calls for the super-rich to be taxed more. The Patriotic Millionaires are at it. As the Guardian notes: More than 250
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As Rachel Reeves at Davos shows,Labour was on the side of people. Now, it's on the side of wealth and those who fleece the people.
Wednesday, January 17th, 2024As the London Playbook newsletter from Politico notes this morning: Larry Elliot’s Guardian write-up today with his account of John McDonnell’s trip to Davos six years ago — when
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It's not just the Post Office that needs reform: HM Revenue & Customs does as well
Sunday, January 14th, 2024I have posted this thread on Twitter this morning: There is justifiable outrage right now about the fact that the Post Office has been able
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The threat to the UK economy now is not inflation: deflation is the real threat now
Thursday, January 11th, 2024The Guardian has reported this morning that: The Bank of England may be forced to bring forward the date of its first interest rate cut
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How can the failure of English water companies be addressed?
Wednesday, January 10th, 2024The Guardian has an article addressing the above issue today in which they look at alternatives to private ownership if the U.K. water supply and
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The bank loan and money creation story to date, and its consequences
Wednesday, January 10th, 2024As I often explain about my writing of this blog, much of my motivation for doing so is to work out what I think about
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What is 'free' about government money creation?
Monday, January 8th, 2024The note has been written by regular commentator Clive Parry, who has been a bond trader for 35 years, as a response to the discussion
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Central bankers on their ability of banks to create money out of thin air
Saturday, January 6th, 2024This incredibly valuable collection of quotes from central banks and bankers on their ability to create money out of thin air was assembled by regular
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Why won't UK politicians address the biggest part of tax evasion in the UK, which is caused by the absue of limited liability companies due to poor state regulation?
Tuesday, January 2nd, 2024As the Guardian notes this morning: Anyone selling used clothes on Vinted, renting out their home on Airbnb, or getting rid of old camera equipment on
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