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Originally Posted by jfman
Indeed. There is a lot more to come.
However, there is also a lot to come about what do we do to facilitate the recovery of the High Street.
I'd welcome that to reform the tax system against online conglomerates, who largely shift their tax burden offshore, in favour of local people in local communities running local businesses.
I look forward to the emerging forum consensus congregating around this... Carth, Seph, Nomad, Pierre (maybe) and the traditional socialist wing, myself, den, andrew, ianch. We all like this idea. Maybe not Old Boy.... 
Local jobs in local communities... |
Reform of the Tax System .. now there is an easy task
It is a bit like reform of the voting system. In both cases, there is clear and compelling evidence to those with an objective and unbiased view that they need to happen. The problem is, as it has always been, is the minority of the populace that in whose interests that the status quo remains and, more significantly, the ability of said (even smaller) minority to convince people, though misinformation & misdirection, that reform is a "bad thing".
When the power is in the hands of those who do not want change, change is difficult.
This is the sort of bold thinking that can help with the funding of the Covid black hole and as a result help to fund the radical rethinking of the city & town centres.
Think-tank outlines £421bn Property Capital Gains Tax to cover Covid-19 costs
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A new report from the Social Market Foundation says tens of billions of pounds of new taxes should be levied on increases in the value of homes to ensure the costs of the coronavirus crisis "do not fall unfairly on younger people".
The report recommends that the Treasury should raise £421 billion over the next 25 years by imposing a new 'Property Capital Gains Tax' on all homes sold in the UK. It says the tax could be set at 10% of the increase in the value of the property since it was last sold.
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