It would seem Russia is trying to bring Ukraine to its knees. At the same time the very high cost of the war is bringing a severe strain to the Russian economy starved of western chips and semiconductors. There is a new tax coming in that tries to help Russia make its own and be less dependent on the West. This will take time.
2 Oct 2026
23 Jul 2026
Taxing big landowners?
There has always been a reluctance in the UK to tax really big landowners; the fear is they will up and leave the country. The answer is surely to increase their tax just enough to bring in what is needed (say 1% more) but not enough to really "rock the boat".
In the UK there are some really big land owners like many of the Cambridge Colleges, the Duchy of Cornwall, the Duke of Westminster and the Church of England. If all these were taxed just a little bit more I am sure they would hardly notice. I am sure this could finance social care and defence.
It is unfair to put the burden on the average person or those in greatest need. Those with the broadest shoulders should carry the heaviest load - always. Why should people have to sell their homes to pay for care?
29 Aug 2024
UK taxes - NOT amateur radio
No matter how you voted in the UK, the present government has some big issues in the short-term. Basically it needs more tax to cover the things it wants to support and to pay debt interest.
More people are moving away from fossil fuelled vehicles. Electric cars are still very much in the minority, but I still see 5 times more than just a few years ago. In the end, most will move away from fossil fuels, but this will generate less tax income. One suggestion was a charge per mile driven instead.
There is a lot of controversy over the winter fuel allowance. At the moment we all get it whether very poor or very rich, but current plans are to stop this totally unless you get pension credit payment. Why not increase the tax free allowance so those in the greatest need pay less tax? They could keep the tax boundaries so those on higher income pay more?
Surely a very high tax on big land owners is sensible? They can easily afford to pay.
Also, a very small tax on all share trades would be unlikely to impact the poorest, but would hardly affect the richest?
