Posts Tagged tax
The State of the Union
Posted by Natalie Hamill in European Union on 29/09/2011
Long anticipated plans to introduce a financial transaction tax (FTT) have come a step closer to fruition with the European Commission President announcing the proposal in his state of the union address. Speaking to the European Parliament in Strasbourg yesterday (Wednesday 28 September), José Manuel Barroso announced that the college of commissioners has already adopted the controversial proposal, which could generate revenue of more than €55 billion a year.
Help me rich guy, you’re my only hope
Posted by David Merlin-Jones in Economics, Politics, Tax and Spend on 07/03/2011
David Cameron made a speech yesterday claiming the only route left for economic growth is via entrepreneurs and ‘go getters’. It’s rather disconcerting to begin with that this is now officially ‘the only strategy’, but the plan will lead nowhere unless the Government is prepared to put its money where its mouth is and create the conditions these entrepreneurs need. For this, there is one key manoeuvre: reduce income tax.
Pictured, not your average entrepreneur
All’s fair in love and war… and Italian politics
Posted by Pete Quentin in European Union on 01/05/2008
As Silvio Berlusconi prepares for strike three as Italy’s Prime Minister, the country’s recently defeated centre-left government has published details of all Italians’ taxable income on the internet, writes Claire Daley. People visiting the Italian tax authority website could snoop through their neighbours’ financial affairs for up-to 24-hours until a formal complaint was lodged.
Should Inheritance Tax be defended?
Posted by Nick Cowen in Tax and Spend on 30/04/2008
Yesterday evening, I attended the Fabian Society’s debate ‘How can we defend the inheritance tax?’ although it might have been more aptly labelled a strategy meeting on how to set-up a pro-tax alternative to the Taxpayers Alliance. For when I had a chance to speak, the only one present to deny the explicit premise that inheritance tax was morally justifiable, the room itself seemed briefly to close in on me. While responses to my argument were never less than polite and well mannered, the initial incensed glares from the front of the room gave the impression that in a less civilized age I could have wound up being sacrificed inside a giant wicker construct of George Bernard Shaw.