If one of a couple claiming the marriage allowance becomes a higher rate taxpayer, there is a 23,800 per cent marginal tax rate on the first penny over the threshold.
It has secured an overwhelming dominance. Until or unless this changes, the Right may win elections – but to limited effect.
Siblings who have lived together for many years should be entitled to the same rights and protections.
In the second of three articles, the Weston-super-Mare MP sets out plans on tax, housing deficits and debt to help achieve inter-generational justice.
£2.6 billion of the sum the government accepted as the compensation owed has still not been paid.
Scrap HS2. Integrate social care. Abolish NI. Reverse police cuts. Consider a new Bill of Rights. And much, much more.
The old, with their savings, could help the young. The economically active young could help the old, by giving them an income.
What do our cliché-ridden rulers propose? Ending plastic cups, gender quotas for boardrooms and banning Tony the Tiger.
The Government needs to consider three strands if it is to offer a comprehensive solution: state support, private assets, and individual planning.
Wanted: a grand bargain with voters, whereby some rises at the top end are traded off for others nearer the bottom.
This government has identified problems and is working on the solutions that will make a real difference to everyone saving for their retirement.
“After decades of declines in workplace pension saving, we are now seeing increases. We want to extend that benefit to people under the age of 22.”
By 2018, we expect that figure to rise to 10 million employees newly saving or saving more – rivalling the combined populations of Scotland, Wales and Northern Ireland.
Economically, it could be transformational, as it has been in Norway, which established its fund back in the early 1990s. It is now worth over a trillion dollars.
The Social Market Foundation isn’t tied to any party. We’re centrists – our advice and ideas on offer to anyone who wants to put common sense ahead of ideology.