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Interesting that Robert Peston Tweeted about this: As if he hasn't been the neoliberals (financial sector) propagandist all his career. "Peston's 2008 Bank Propaganda Piece" Robert Peston Lying To A Nation and getting away with it
Toggle Commented Aug 11, 2016 on Piers Morgan, neoliberal at Stumbling and Mumbling
Nice. Little tweaks. Yes! A simple tweak to how income tax is calculated and how the bank-levy total is calculated will change the financial system for ever, for the better. Bankers' income tax. Let's say the top-rate only. Dynamically set this every month with the release of ONS Labour Market Statistics to ten times the percentage rate of unemployment. Dynamically set the bank-levy total similarly but have the cost be the sum paid to the unemployed - Jobseekers Allowance. Please see for more details! Also see this for a kind of FAQ. Bank-levy total could instead be the cost to the state of paying Housing Benefit, this will then also get affordable homes built. Strangely absolutely no housing association I've contacted has even replied to this idea. Do themselves out of a nice job?
Toggle Commented Aug 11, 2016 on My socialism at Stumbling and Mumbling
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Aug 11, 2016