Showing posts with label tax. Show all posts
Showing posts with label tax. Show all posts

Wednesday, November 24, 2010

Instead of tuition fees - modest proposals


People rightly ask opponents of tuition fees what would we do instead. My alternatives are actually very unlikely to happen. I cling to the old-fashioned view that education at all levels should be free and that society as a whole benefits from having well-educated citizens. We don't ask sixth-formers to contribute to the costs of their education just because they might earn higher incomes later. Nor should we ask undergraduates. I also regard a lot of current degree courses as pretty useless and meeting vocational purposes better served by apprenticeships or sandwich courses. I would therefore do the following:

1) At least 2p on basic rate of income tax;
2) lower the threshold for the 50% additional rate to £100,000;
3) force mergers and even closures of some universities;
4) re-introduce a training levy on firms over a certain size, which can be remitted if training is provided by the firms.

Tories would resist 1,2 and 4. Labour would be scared of 1 and 2 and oppose 3. Both subscribe to the childish notion that you can have high quality public services AND low taxation. It's time someone told the electorate the bleeding obvious - as a society, we get what we pay for.

Friday, May 15, 2009

MPs' expenses: ask the tax man

The country is awash with proposals for reforming the system of MPs' expenses and allowances (Lynn Truss, please note position of apostrophe). Here are two more. Firstly, remove certain support functions from individual expenses altogether. For example, parliament itself should employ the support staff, as happens in the European Parliament. (It would be helpful if leading members of the Liberal Democrats could refrain from cheap cracks about "the Brussels gravy train" and perhaps learn some lessons from the EP instead). Secondly, pay MPs a higher salary and let HMRC decide which expenses are allowable as wholly, necessarily and exclusively incurred in the course of work. This would put MPs on the same footing as all citizens. There would still be disputed items but the decision would lie with the taxman and the courts, not the House of Commons fees office operating special rules for MPs.

Incidentally, according to Michael Brown, former Tory MP, Margaret Thatcher is to blame as she blocked a salary increase and introduced allowances instead, thus deceiving the electorate.

Thursday, July 12, 2007

Feathers without hissing ?


"The art of taxation consists in so plucking the goose as to obtain the largest possible amount of feathers with the smallest amount of hissing."Jean Baptiste Colbert






Some of us have felt that Liberal Democrats have been too cautious in recent years, afraid to upset anyone who might vote for us. Vince Cable and Ming Campbell have cured this complaint with the new tax policy announced today. It shifts the burden from poorer to richer and from income to carbon. Three cheers (and no hissing, I hope).