Latest editorial
LABOUR should raise the top rate of income tax to 65 per cent if it takes power next week, respected economist Howard Reed urged yesterday.
The party has already pledged to raise taxes on Britain’s richest from 45 per cent to 50 per cent in its first budget.
But in a new policy paper for think tank Class, Mr Reed said that any “progressive government” should eventually tax earnings over £250,000 at 65 per cent.
A sharp rise in public-sector investment is required to kick-start the economy, argues MICHAEL BURKE
Trade unions call for windfall tax hike to fund social energy tariff to public’s energy bills
CAROL WILCOX argues for the proper implementation of the land value tax, which could see unused plots sold off and landlords priced out of landlordism, potentially resolving the housing and planning crises