He is also supporting a contentious conference motion that calls on Lib Dem ministers to look into the «viability and practicalities of increasing
taxation on wealth - including land values».
Not exact matches
We need to revise our economies «to reduce
wealth inequality and ensure that prices,
taxation, and incentive systems take into account the real costs which consumption patterns impose
on our environment,» the scientists said, adding: «We must recognize, in our day - to - day lives and in our governing institutions, that Earth with all its life is our only home.»
However, his actual assault
on wealth through progressive
taxation was abated for those businesses that knew how to work with and within government.
If, for instance, you try to use capitalism to promote greater equality of
wealth by imposing
on it a steeply progressive, redistributive system of
taxation, you frustrate the way in which it rewards its chief dynamic force, the acquisitive impulse, and you are liable to end by making everyone poorer.
It seems irrational to me to say that a country is based
on Judeo - Christian values and then argue that spending tax dollars
on helping the poor is «
wealth redistribution» or robbery through
taxation.
It seems irrational to me to say that a country is based
on Judeo - Christian values and then argue that spending tax dollars
on the helping the poor is «
wealth redistribution» or robbery through
taxation.
The left should get over its fixation
on high
taxation of labour income and put more emphasis
on taxing unearned
wealth and environmental bads.
But the work described here helps to start the informed debate
on wealth taxation we urgently need.
It is also used for its secondary effects: punitive
taxation,
taxation used as an incentive (e.g. protectionist tariffs, environmental taxes to reduce pollution, sin taxes
on gambling or drugs, financial transaction taxes, Pigovian taxes), foreign policy (tariffs),
wealth redistribution (progressive
taxation, negative income tax).
«
Wealth taxes»
on total assets do exist, but they're not any country's primary means of
taxation.
And up until December of last year, Cuomo was pushing back
on the idea of redistributing
wealth through
taxation.
He wants to add that this process would start «with an annual «mansion tax»
on the excess value of residential properties over # 2m as a first step towards
wealth taxation designed to reduce inequality.
No amount of
taxation on fossil fuel or building of totally impractical «unreliables» or redistribution of
wealth from the rich to the poor countries will ever change that.
If you look at the taxes based
on wealth / networth — then people are paying about the same percentage of taxes under our current income -
taxation scheme.
The country relies
on indirect
taxation for its income but has never levied income, capital gains or
wealth tax
on its residents.
My primary research interests focus
on global
taxation issues (e.g., tax treaties, transfer pricing), international capital movement,
wealth management and financial planning, and anti-money laundering.