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openpolitics / manifesto

A collaborative political manifesto
http://openpolitics.org.uk/manifesto
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Added sections to address missing gaps #631

Closed pallan51 closed 5 years ago

pallan51 commented 5 years ago

Inspired by the New Physiocratic League platform

openpolitics-bot commented 5 years ago

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Floppy commented 5 years ago

Thanks @pallan51! There is some interesting stuff in here. I'll have a proper read and vote soon!

Floppy commented 5 years ago

Having had a brief read through, there are certainly some things in here that I would vote in, though I'm less sure about others. @pallan51 would you be up for submitting some of the ideas separately? The anti-corruption and licensing paragraphs are certainly the sort of thing we could vote on separately to the big rewrite of the tax section. What do you think?

Vote: 🤐

pallan51 commented 5 years ago

The idea was that as there is already a land value tax as part of this platform (as recommended by economists across the political spectrum), the manifesto is already halfway to being a Geoist style philosophy. The idea of shifting the tax burden away from labour and more on to landis the centerpiece of that. The LVT currently part of the platform allows relief to come to labour in the form of tax reductions, or as far as a negative rate of income taxation that the New Physiocratic League advocates for. The idea can be summed up as follows:

• Negative net taxation on personal incomes/savings (see the New Physiocratic League's Three Pillars proposal) • Negative net taxation on productive business (see Sectoral Banks) • Tax products of nature and land value, not taxes on productive property (see the New Physiocratic League's ULT proposal) • Progressive consumption taxes, not taxes on production (see Ben Cardin’s PCT proposal) • Replace bureaucracy with automatic mechanisms (see New Physiocratic League's Automatic Mechanisms proposal)

openpolitics-bot commented 5 years ago

Closed automatically: maximum age exceeded. Please feel free to resubmit this as a new proposal, but remember you will need to base any new proposal on the current policy text.