Armchair economists, what would you do to boost Britain?
Me? Well, glad you asked.
1. Bring dividend tax and income tax inline with each other, but lowering income taxes slightly and raising dividend taxes up. This will benefit most workers, and those relying on dividend income have generous ISA allowances anyway, so can receive divvy income tax free.
2. Reduce VAT to 15%. Everyone should see almost everything 5% cheaper, boosting consumer spending and the economy overall.
3. Bring in a £20K per annum fee for all work permits. So employers using them have to pay the workers wages AND pay the govt £20K pa for the privilege. If they don't like it they can spend £20K p.a. training up or sponsoring a UK worker instead.
4. Stick road tax for all diesels up another £1000 to help on pollution. I don't drive a diesel BTW.
Me? Well, glad you asked.
1. Bring dividend tax and income tax inline with each other, but lowering income taxes slightly and raising dividend taxes up. This will benefit most workers, and those relying on dividend income have generous ISA allowances anyway, so can receive divvy income tax free.
2. Reduce VAT to 15%. Everyone should see almost everything 5% cheaper, boosting consumer spending and the economy overall.
3. Bring in a £20K per annum fee for all work permits. So employers using them have to pay the workers wages AND pay the govt £20K pa for the privilege. If they don't like it they can spend £20K p.a. training up or sponsoring a UK worker instead.
4. Stick road tax for all diesels up another £1000 to help on pollution. I don't drive a diesel BTW.
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