"Magic Money Trees"
Neil Franks explains how we would pay for our policies...
Hello! My name is Neil Franks and I wanted to talk to you about how we pay for our policies.
I often hear "Green Party policies sound great, but seriously, do you lot think money grows on trees?".
In truth, I have heard a lot worse! Therefore I thought I would try to provide some understanding of how we look at the economics.
Initially here is a list of how we would raise income for our pledges:
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Investment on a massive scale where it makes sense! Huge savings to be made!
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Making Multi-national Corporations pay the same Corporation Tax that British Businesses pay
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Corporation Tax increased for larger firms
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Ending financial access to Tax Havens without paying proper taxes
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Taxes increased for the richest in society
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Tax Loopholes to be closed
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Ending the 'Non-Dom' tax status
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Ending the abusive 'Trust' system to avoid inheritence Tax
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HMRC Properly funded and NO sweetheart deals
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Scrapping wasteful projects, such as HS2, Trident & Hinkley Nuclear Plant
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Financial Tax ("Robin Hood Tax")
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Land Valuation Tax
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Reduction of Tax Relief on Pensions
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Tax Rate of Income increased from 45% to 60% for salaries beyond £150,000