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Re: [Update] Jeremy Corbyn wins Labour Leadership
Quote:
Britons should be levied with a new £100billion "tax on consumption" paid directly from their bank accounts, according to Jeremy Corbyn's tax adviser.
Richard Murphy, who drafted some of Mr Corbyn's economic policies during the Labour leadership campaign, said people's money should be taxed as they spend it.
The controversial measure is set out in Mr Murphy’s new book, called The Joy of Tax, which is published this week.
Mr Murphy (below) says in the book that the new consumption tax could raise over £100billion a year and replace National Insurance Contributions, which disproportionately hits poorer people.
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Source
In addition to income tax and VAT. 
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History is much like an endless waltz: The three beats of war, peace and revolution continue on forever.
However history will change with my coronation - Mariemaia Khushrenada
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