Tuesday, November 10, 2009

Keep tax havens or eliminate child poverty?

A meeting in London on November 25th, featuring TJN senior adviser Richard Murphy. Click to enlarge.

Also note Polly Toynbee's Guardian article, pointing out the Faustian pact that Labour has struck with the City of London.

"The sum total of Labour's tax regime has been little change in tax distribution. A graph would not reveal to a Rip Van Winkle that a social democratic government had been running tax policy. Compare that to Labour in the 1960s with its radical changes to corporation tax and capital gains, or Denis Healey's inheritance tax. New Labour has not used the tax system to make the country fairer, while green taxes have gone down, not up. Brown thought it enough to use the proceeds of tax for progressive purposes, without redistributing tax itself. As a result Britain became less equal, and income and wealth were shared less fairly. Instead of shifting attitudes to appreciate the social value of tax, he colluded with an anti-tax ideology that calls all tax a burden."


Blogger Demetrius said...

Publicity - your Nov 25 meeting clashes with Ed Miliband at the LSE on "Global Warming". Better get your stuff out first

8:51 am  

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