Compass launch ‘In Place of Cuts’ Report
Compass will be launching their report ‘In Place of Cuts’ in Committee Room 12 at the Houses of Parliament on Wednesday 25th November.
This report calls for new top rate of tax and for the 10p tax band to be reintroduced, as part of measures which would cost higher earners an extra £42bn, cut spending in areas such as Trident, ID cards by £15bn, and cut taxes for lower earners by £10bn.
The full report can be found here.
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Don Paskini is deputy-editor of LC. He also blogs at donpaskini. He is on twitter as @donpaskini
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Reader comments
Yes, it’s Richard Murphy again.
He seriously believes that raising average tax rates on the top decile from 34% to 55% will have no effect on behaviour. That marginal tax rates of 75% will not lead to either income or substitution effects.
I’ve been trying to get him to substantiate such claims but get just a combination of “all economists are wrong and I’m right” and “prove it”.
Neither of which are really great bases for such a radical change in public policy really.
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- Liberal Conspiracy
:: Compass launch 'In Place of Cuts' Report http://bit.ly/7ZiuMz
- David Skelton
What a pretentious title! Please don't compare yourself to Nye Bevan! RT @libcon: :: Compass launch 'In Place of Cuts' http://bit.ly/7ZiuMz
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