Coolhandluke

@coolhandluke123.bsky.social

Stamp duty and council tax are terrible taxes. Land value tax could replace both - and Andy Burnham has backed it for 16 years. Who wins? Who loses? What happens to house prices? LVT could drive growth. But it isn’t easy. Our model shows its promise - and its problems.

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Across all taxes, small businesses fail to pay between £30 billion and £48 billion of tax. These figures are massive. Enough to fund significant tax cuts or additional expenditure

Under 16s social media ban commands significant support from the public. From all of our conversations it’s seen as an area where people think individual parents can’t act alone and an area where they need government to help them take back control.

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UK tax has gone up significantly over the last 25 years But the tax paid by the average UK worker has not This apparent miracle was achieved by taxing “other people”: higher earners, capital, property, banks, etc The strategy has run out of road A 🧵 on what happens next.

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The media come at Polanski and miss big time! This is a scary example of media bias to the Greens. They took a badly researched story from a Labour supporting tax guy ran it without doing any of their own checking. Now they're all exposed as idiots. And that was their best attack against Zack😂

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One of the things Starmer's defenders on here get so wrong is to insist it's all about media froth. In fact, as that Jess Philips letter demonstrates, the most damning criticism of Starmer comes from those concerned about the policy and delivery process.

An energy and petrol inflation shock will unwind what was expected to be a decent year for living standards. Median household are now expected to be £480 worse off from inflation shock, seeing 0.6 per cent fall in living standards this year

Chart showing Projected annual growth in real equivalised household disposable income after housing costs, by non-pensioner income vigintile, historical and under two future scenarios: UK

How would we know? The Conservatives in 2019 and Labour in 2024 both ran on impossible promises and most of their partisans have spent the time since complaining that the voters are unreasonable. When was the last chance you gave them to *be* reasonable?

Steven Fielding@polprofsteve2024.bsky.social · 4mo ago

‘We live in a world in which populism is economically impossible but those who disavow populism are electorally doomed’. Discuss without laughing or crying.

We’ve seen a *massive* swing away from homeownership into expensive private renting. Mortgaged families dropped from 30% to 17% of Unsung Britain, while private renters nearly doubled. Almost as many people live with parents (15%) as own with a mortgage (17%).

Proportion of non-pensioner below-middle income families in different
tenure types: GB/UK