The pandemic showed that the current safety net has big gaps in it. Here’s how to fill them without further draining the public purse.
The flaws in the current system can no longer be ignored. An Annual Proportional Property Tax would balance the scales.
The political will is lagging behind the economic case, but change will come and much better for the Tories that it is on their terms.
The Government has to generate revenue quickly, but austerity and spending cuts are not viable options.
While Britain’s income floor has become a lot bouncier, its income ceiling remains sticky.
A full merger is the logical destination. That would be simpler, more honest and more modern.
It would lay the foundations for a more equitable tax system, as well as helping to boost post-Covid economic growth.