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Simple summaries of Your Britain policy papers

21 April 2013

Your Britain, Labour’s planning site to get the grassroots involved in policy for 2015, recently published 10 policy papers outlining strategy so far. Two of these were of interest to LCID, so we’ve produced a handy bullet-point summary for our supporters. Click the titles to download the papers from Your Britain.

 

Tax avoidance: tax havens

 

  • Public are angry about the existence of tax havens.
  • Tax cut to the top 1 % earners has made this anger worse.
  • People paying fair share of tax is non-negotiable.
  • Tax laws need to be strengthened to make it more difficult for loop holes to be found.
  • Cuts to HMRC are impacted on the departments ability to crack down on tax cheats.
  • The Economist has reported the existence of around 50 – 60 tax havens worldwide, meaning this is not just a domestic issue.
  • UK is seen as best placed to help close tax havens.
  • UK tax havens should be required to produce a list of British citizens with money there.
  • Labour should help the UK lead the way in reaching an international agreement to stamp close tax havens and catch evaders, while rewarding those who pay their fair share of tax.
  • UK should look to the US and its Foreign Accounts Tax Compliance Act (FATCA) for guidance on cracking down on tax avoidance.
  • Essential that the UK cooperates with EU, current Government’s anti-EU bias may place such cooperation in jeopardy.
  • This issue should be a priority at the G8 meeting in June.

 

Britain’s role in a post-2015 development vision

 

  • There are 8 Millennium Development Goals (MDGs) which world leaders signed up to in 2000.
  • Labour needs to stay at the forefront of policy decisions till 2015.
  • Though not without problems, by and large the MDGs had a positive impact on international development.
  • Progress has been made on all goals but it has not been even and there is more to do in the next 2 years.
  • Post-2015 a new set of goals should be established.
  • Main focus is to eradicate global poverty.
  • Submissions to Your Britain focussed on a rights based approach around the following values: freedom, equality, solidarity, tolerance, respect for nature and shared responsibility.
  • There was also a large number of responses on committing to goals set out at Rio+20 to tackle environmental issues.
  • Roll out globally systems of universal healthcare, compulsory education and a minimum wage for workers – paid for by a global financial transaction tax.
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