Analysis: Cost of Living Crisis? Not for the Rich
by Ell Folan
Ordinary people are feeling the pinch on energy, food and rent – while in their well-insulated, mortgaged homes, the rich are hardly feeling anything at all. Ell Folan explains.
Tag: tax
Opinion: Of Course Sunak Says Inflation Can’t Be Fixed. Fixing It Would Mean Taxing Billionaires Like Him
by James Meadway
If everyone is paying more for things, but most of us aren’t earning more money, someone is pocketing the difference, writes James Meadway.
Live: MPs Vote on Tax Hike for the Working Class
As MPs vote on Boris Johnson's manifesto breaking tax hike on workers, Michael Walker and Dalia Gebrial discuss why the rise is regressive, and why it won't fix Britain's care crisis.
Opinion: The National Insurance Hike is Class Warfare. Why Won’t Labour Say So?
by James Meadway
This mask-off moment is an opportunity for Labour to dispel the myth of the Tories as the party of workers. Instead all we're getting are mealy-mouthed, half-hearted critiques, argues James Meadway.
Live: Johnson in Fight Over Social Care Funding
Boris Johnson faces a backlash for breaking a manifesto promise as he prepares to raise national insurance. Should the move be opposed and, if so, how else should social care be funded?
Analysis: Has the Pandemic Shifted Britain Left?
by Ell Folan
As we emerge from the pandemic, even the FT is claiming the left has won the argument. Have we really?
Analysis: How We Win: The State
by James Schneider
If we aren’t preparing to use power, we are preparing to have it used against us. The left needs a state strategy, starting with municipal socialism to lay the groundwork for a national programme.
Analysis: After All the Hype Over Budget 2021…That’s It?
by James Meadway
Rishi Sunak wants to appear radical while cementing the status quo - and unless the left presents an alternative, he will, writes James Meadway.
Opinion: Now Isn’t the Time for a General Tax Hike – We Need to Target Those Who’ve Profited From the Pandemic
by Ann Pettifor
The left must be wary of flatly equating tax increases with post-pandemic recovery. In today’s budget, Rishi Sunak should go after the few whose wealth has increased over the past year, argues economist Ann Pettifor.
Live: Starmer Outflanked by Tories on Corporation Tax
Labour have confirmed that if Rishi Sunak raises corporation tax at next week's budget, they will vote against it.
Opinion: Sunak’s Spending Review Is a Drop of Water in a Desert – the Left Must Demand More
by James Meadway
From divide-and-rule public sector pay freezes to ripe-for-corruption local spending schemes, Sunak's plan is radically insufficient for our current crisis. The left must forward an alternative, and quick, writes James Meadway.
Opinion: The Tories Could Feed Poor Children – They Just Don’t Want To
by Francis Brewer
The government says that there isn't enough money to pay for free school meals over half term. Modern monetary theory shows this is a lie, writes Francis Brewer.
Live: Workers Getting Screwed
Coronavirus has shone a light on hyper-exploitation in Britain’s cities. The Tories are blaming, yes you guessed it…. PC culture and immigration. Plus, Labour flip flops on tax, and Starmer scolds Russell-Moyle for criticising zionism. With Michael Walker, Ash Sarkar and Aaron Bastani.
Opinion: Inequality Is Worse Than We Were Told, and Our Tax System Has Been Covering It Up
by Grace Blakeley
For a long time British voters have felt as though inequality is too high, but rightwingers have had a standard reply to the general public: you’re wrong. In fact, it was the figures that were wrong and peoples’ instincts that were right, writes Grace Blakeley.
Opinion: Between Cutting the Deficit and Protecting Their Voter Base, the Tories Are Caught in a Bind
by Grace Blakeley
This week the Telegraph reported that the Tories are considering a post-coronavirus austerity package of tax increases and spending reductions. But cutting the deficit while protecting their voter base is going to be a real challenge for them, argues Grace Blakeley.
The Bastani Factor: Billionaires Can’t Sit Out the Coronavirus
BIllionaire David Geffen recently posted a picture about his ‘self-isolation’ on board his $590 million boat. But whatever they might think, the ultra rich can’t detach themselves from the Coronavirus pandemic – nor its political consequences.
Opinion: Taxing Times: With the Economy Unravelling, We Need a Budget for the Green New Deal
by Adrienne Buller and Miriam Brett
Released amid a collapsing stock market and plunging oil prices, Wednesday's budget is unlikely to meet the challenges ahead, particularly on the climate, write Adrienne Buller and Miriam Brett. A systems crisis demands a systems response, and overhauling the design of the tax system is central to this.
GE2019: Why Labour’s Tax Plans Will Be a Sharp Shock for Corporate Tax Avoiders
by Iwan Doherty
It sounds so commonsense you could be forgiven for overlooking it - but Labour's plan to make corporations pay tax where they do business could finally bring about some tax justice in the UK, argues Iwan Doherty.