Our country’s laws are being used to benefit big business and the rich
‘Neoliberals have long persuaded people to believe that the law offers justice and fairness, but they rarely talk about how laws are shaped by wealth and power’
‘Neoliberals have long persuaded people to believe that the law offers justice and fairness, but they rarely talk about how laws are shaped by wealth and power’
There are now a record 177 billionaires in the UK. A wealth tax is a necessary step for reducing inequalities and building a society that enables everyone to live a fulfilling life
‘UK residents had £850bn in financial accounts overseas — of which £570bn was based in tax havens — in 2019, the latest year HMRC has released statistics for.’
‘UK governments are dressed-up in the garbs of democracy, but continue to privilege the interests of wealthy elites and footloose capital.’
‘The UK tax system is regressive. It penalises workers, pensioners and their families. It rewards speculators and rentiers. It favours financial speculation over the hard graft of work’
Prime minister Boris Johnson and chancellor Rishi Sunak confirmed in the Sunday Times that the NI rise would go ahead in April.
A majority of voters across both Labour and Conservative support a wealth tax
And acting on this neo-liberal view, the Tory government are all too happy to cut their taxes.
We need a new vocabulary of commerce that recognises the role of workers and society in business, not simply profit.
It’s not just about increasing borrowing — we need to start closing corporate tax loopholes.