Monbiot’s tax take and the embedding of plutocracy: an urgent concern for Liberal Democrats

Featured on Liberal Democrat VoiceWe are, it would appear, reaching a political watershed. There is perhaps a small window of opportunity to step back and consider where we think the country is heading. Then it could be too late. I was planning to post in response to George Monbiot’s article in today’s Guardian. But his post, coupled with other developments, raises some profound issues.

Monbiot’s article gives his take on the implications of proposals for what might, at first sight, appear technical changes to corporate taxation. But he argues plausibly – if rather hyperbolically – that the changes represent  a major concession to the self-interest of multinational corporations. The net result of the changes will be to allow corporations – and banks in particular – to reduce their liability for UK tax considerably. And this is occurring, of course, at the same time as David Cameron is notably prominent in the media saying that the Government is committed to doing precisely the opposite – making sure that banks pay their share in order to help rebuild the economy. Read more of this post

Under-occupation, over-accommodation, and the question of tax

It is always welcome when someone wanders on to your patch and looks at it with fresh eyes. That is why I found George Monbiot’s article in yesterday’s Guardian so stimulating (available here). Not that I entirely agreed with him, but I think he is right to pose unconventional questions about British housing policy.

Monbiot’s argument is, briefly, that if and when we think about under-occupation as a housing problem the focus is always on social housing, but this is to miss the bigger issue of under-occupation in the private sector. This is surely correct. Read more of this post

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