The prospect of the Welsh government and assembly gaining significant new powers over taxation has taken a step forward following a declaration by one UK minister.
Blogger Salman Shaheen welcomes Labour’s pledge to bring back the 10p tax rate paid for by a mansion tax on properties worth more than £2million.
President Barack Obama and the United States Congress go right down to the wire as they only just avoid going over the fiscal cliff.
Posted in Multilateral Foreign Policy
Also tagged Barack Obama, debt ceiling, Democrats, fiscal cliff, GOP, House of Representatives, John Boehner, Republican party, spending cuts, Tea Party, US Congress, US Senate
Owen Tudor writes about George Osborne’s panicky response to the Robin Hood Tax, with the chancellor looking increasingly on the side of the super-rich.
By Tim Nichols Ed Miliband’s speech contained some tremendously important and bold attacks on powerful elites that have helped create and perpetuate today’s social and economic inequalities. Despite much to welcome it is important understand why many may be upset today. Minutes after taking applause for his rejection of Murdoch during the phone hacking scandal, [...]
A new poll shows that just 25% of voters support the abolition of the 50p tax rate. Danny Alexander is on the right side of the argument.
Today’s newspapers seem certain that George Osborne will cut personal taxes by £320 per person. But the move is not as big or fair as you think.
There has been yet another coalition u-turn – this time over the per-flight tax pledge, reports the Fabian Society’s Natan Doron.
The Daily Mail this morning reported that “Labour’s 50p tax rate ‘could cost the country £350bn’, Osborne warned”. The claim was calculated on the back of a fag packet.