Remarkably good economics from @BBCNewsnight Ben Chu. My view is that on the revenue side, the policies should include 1) freezing personal allowances, 2) raising the 45% tax rate to 50% and reduce the level at which it is paid from £150K to £100K,
https://twitter.com/BBCNewsnight/status/1591203893261705216
3) merging income & capital gains tax to income tax allowances and rates, 4) removing #NonDom status, 5) promising immediate action to identify beneficial ownership of UK assets, 6) setup Committees to consider the benefits of #UBI & #WealthTax ,and
7) announce that @hmtreasury will support more transparency & coordination in UK policymaking.
On the expenditure side, 1) #GreenNewDeal policies&measures should be planned, focussed on equity, 2) Mexico’s remarkable scheme to stabilise inflation should be adapted to UK conditions, 3) planned infrastructure schemes should be expanded, and
4) #LevelUp policies should be implemented.
@threadreaderapp unroll
• • •
Missing some Tweet in this thread? You can try to
force a refresh
