@KarlTurnerMP … a significant weakness of the privatised railways (and to some extent the other utilities) has been poor oversight and regulation that has meant that the benefits of privatisation have not been as obvious as they could have been.
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@KarlTurnerMP Sadly, our experience tells us that those running a nationalised monopoly work to increase the subsidy which is often much larger than the margin made by a company operating without that net. We ended up with inefficient operators at very high cost. Arguably, …
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@David__Osland@MarksLarks Just been on Trainline app to check .. cheapest ticket tomorrow morning is less than £17 and the most expensive tomorrow morning is £120 … the cheapest train is at 6.43 am and goes via Crewe and the most expensive is at 7.30 am and is a direct train. Both arrive before 10am …
@David__Osland It is easy to make claims without evidence, but when the evidence is considered the UK is pretty average among its Western neighbours. We do well on some, poorly on others, but my own view is that we do need to do better and can do so ...
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@David__Osland As to the gap between the richest and poorest, I am uncertain as to to what you refer to ... but on the gini coefficient, the UK is pretty similar to most of Europe ...https://t.co/edGXBQefor
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I know that many of us undertake things for charity. For the last few years, I have been an advisor at the St James Legal Advice Centre in Muswell Hill, North London. We provide legal advice to many people who find it impossible to access that advice otherwise.
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@wendlingere49@DeborahMeaden Why did he need someone else to pay for his suits and glasses? I can understand taking advice … but he could afford to pay for them himself couldn’t he? I understand that point you’re making, and agree about F although the press are making hay with that too …
@AaronBastani … distortions and other practical problems at the same time. what wealth would you tax? What assets would you exclude - most countries that have imposed wealth taxes exclude the family home for example? How do you value them? What happens when the values reduce?
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@AaronBastani Many understand that we already tax wealth when it is realised and we tax the income generated by wealth. The reason that the Capital Taxes Office did not proceed with a wealth tax in the 70’s is that it was very difficult to see a way to making it work without creating …
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@MasterMaliq Because we do not accept the premise … just as you don’t accept, for example, that the only way to God is through Christ. In the modern world, asserting that one religion is the ‘only true religion’ is a refusal to accept that others may disagree with you.
@DanNeidle@StuartMaggs btw, there’s a large plot in London that has a covenant that means that no alcohol may be sold from the site. It has been sitting unsold and undeveloped for at least 30 years potentially as a result of that covenant … how would this be taxed using LVT?
@DanNeidle@StuartMaggs The difficulty that then arises is what is the value to be attributed to possibility of development … won’t that create many arguments? What if a landowner wants to use the land in an undeveloped state … as farming land or to create a wildlife haven?
@DanNeidle@StuartMaggs Surely the better thing to do would be to value land according to its use and only increase the tax when the use changes … I am sceptical of what are claimed to be ‘easy’ changes so like many still need to be persuaded about LVT.