If the rich knew what tax was for they might actually appreciate it…

This shortish piece (below in quotation marks) arrived in my inbox a couple of days ago after somebody had viewed the excellent ‘Money for Nothing’ video. “Three questions: Why doesn’t the Labour Party explicitly adopt this approach [that money is created out of thin air and we spend and tax in fact] to tax and… Read more

Brexit disaster looms…

There is worrying news from the WTO, which seems to be little noticed. The only record I can find is here, and which ‘Yorkshire Bylines’ are, I suggest, well worth following. The USA has long refused to approve more WTO ajudicators (arbitrators for disputes) so these judges are now inquorate. Trump has only accentuated the… Read more

Rebuilding the tax base – but for fairness not finance

The New Economics Foundation (NEF) has written about rebuilding the tax base – after the pandemic. Here we have, unfortunately, a basically progressive organisation, which thinks we have to renew the tax base, because Covid- 19 suggests we’ve spent it all, and got nothing left. They mention that tax take is likely to be reduced… Read more

Covid-19 How is the UK doing?

Introduction From HMG’s perspective, now that the UK has left the EU, the Covid-19 pandemic provided an opportunity to show the UK’s true genius, unshackled from an allegedly moribund Europe. What better opportunity to showcase the true and exceptional greatness of Great Britain? The UK is world-leading (almost). According to the Global Health Security Index… Read more