Tag Archives: tax

How The Greens Would Help Students

Students of the University of Derby submitted these questions to candidates in the Derby and High Peak constituencies:

1.  As the economy is moving towards recovery, how would the economic policies of your party help those looking for graduate employment?

The Green New Deal, which we have adopted, envisages the creation of one million green jobs, including investment in renewable energy technology, public transport and social housing. All of these initiatives will provide opportunities for graduates with technical and people/project management skills. We will seek to promote leadership opportunities for women in particular, requiring 40% of board members of larger companies to be female within 5 years. (For more information see http://www.neweconomics.org/projects/green-new-deal)

2.  The average student debt is approximately £27,000 upon graduating.  How would you reduce the cost of higher education without lowering standards?

The Green Party manifesto has a carefully costed pledge to abolish tuition fees. The cost of higher education is to be funded out of general taxation, maintaining current spending and standards:

Norwich Green Councillors Call For The Abolition Of University Tuition Fees
Norwich City Council on 2nd March, resolved to support the Union of UEA Students’ Higher Education funding campaign and write to the Government opposing an increase in tuition fees.  Green Party Councillors asked the Council to call for fees to be abolished altogether, but this proposal was voted down by Labour and Conservative councilors, who supported retaining the current fees of up to £3,000 per year for students.  Green Councillor Adrian Ramsay, who will be making a submission to the Browne Inquiry in to Tuition Fees on behalf of the Green Party, commented: “I am pleased to be joining the student demonstration against tuition fees. If I replace Charles Clarke as MP I will fight for tuition fees to be replaced by a fairer funding system involving a return to grants for students so that talented young people can go to university regardless of their background.”

3.  Building upon this; how would you maintain the quality of public services, in particular universities, in an atmosphere of public funding cuts?

We do not intend to cut public spending as a whole although we would reduce spending in certain areas, (defence, road building, expanding prisons for example), and save £2.5 billion by not introducing ID cards. We believe that we should pay for public services with a taxation system that promotes fairness and rewards behaviour that’s good for society and good for the environment. This will mean raising taxation for high earners, many of whom will be graduates, who thus will be repaying the cost of their education.

4.  As local councils provide much of the services that students use, how much responsibility would you like to see local councils have?

The Green Party manifesto calls for the revival of local government, with the introduction of proportional representation to encourage a grassroots democracy in smaller community and district councils. Such authorities should have enhanced powers over those areas of policy best settled at the local level including housing, education and the promotion of wellbeing by supporting cultural and sporting activity. Eventually this reinvigorated local democracy would have new tax raising powers delegated from central government.

5.  Given a finite pot of money in the Treasury, which would be your priority – returning those to work who could or supporting those who could not work?

This is a false and cruel dichotomy. All who are able to work must have the option to do so. Unemployment should not be used as either an economic or a political instrument. It represents a waste of our most valuable resource, human talent and aspiration. To squander this resource is gross mismanagement. Any person is at risk of suffering unemployment, may be through redundancy, injury, illness or because family circumstances. People in this situation should not be stigmatised. In many cases, they continue to make contributions to society. The humane and civilised society, to which we aspire, would continue to count all people as its members and beneficiaries, regardless of employment status.

6.  What are your views on how to combat Climate Change?

The failure of the Copenhagen Conference makes it more obvious than ever that finding a global solution to climate change must involve global justice. Rich countries need to reduce their emissions drastically, we think by 90% from 1990 levels by 2030, starting now! Our manifesto refers to the new three Rs: Remove, Reduce, Replace. Remove demand where possible, reduce demand through for example, energy efficiency measures, and recycling and replace fossil fuels with renewable energy. The lead must come from government, both through direct investment and through enacting the necessary legislation and tax regimes for a sustainable low carbon economy.

For more information and policy detail go to http://www.greenparty.org.uk/

Press Release on behalf of Peter Allen, Green Party Candidate, High Peak

It is well known that the Green Party cares for the environment. What is less well known is our full range of policies covering social policy, the economy and global issues. High Peak Green Party Candidate Peter Allen and his team will be out on the streets during the next few weeks telling voters about these other Green Party policies.

“We don’t just want to save the planet, we want to make life so much better for people living on it” says Peter.

The Green Party has a fully-costed programme to transform Britain into a self-reliant, fair and sustainable country that contributes to making a fairer world. Among its policy commitments are:

  • A massive investment programme in public transport, renewable energy and social care, creating a million jobs in a Green New Deal
  • Expanding and defending the NHS and stopping further privatisation.
  • More money to fight world poverty, and to help poor countries combat climate change.
  • Bringing the troops home from Afghanistan and cancelling Trident.
  • Fairer taxes based on the ability to pay, and a clamp down on tax avoidance. Require banks to reinvest in sustainable projects.

The problems we face are enormous, and climate change threatens our very survival. The business-as-usual policies, offered by the other parties, will fail again. Now is a time of opportunity for us to work together to develop the answers to problems that affect us and our children.

“The obsession with economic growth at any cost must be replaced by sustainable development, and a fair distribution of the world’s resources” says Peter.

Green Party members will be leafleting in Glossop on Saturday morning (6th) in New Mills (13th), Chapel (20th) and Buxton (27th).

Green Party Supports Robin Hood Tax

httpv://www.youtube.com/watch?v=ZzZIRMXcxRc

The Green Party supports the Robin Hood tax campaign at http://robinhoodtax.org.uk/ and resolves to include a financial transactions tax in its 2010 general election manifesto.

The Green Party re-emphasises its commitment to a fairer society both in the UK and globally.

The Robin Hood Tax differs fundamentally from James Tobin’s original concept as its principal motivation is the raising of revenue as opposed to being a way of regulating speculative financial activity.

James Tobin first proposed his tax in the 1970s as a way of ‘throwing sand in the wheels’ of currency markets rather than harnessing their extraordinary volumes as a means of generating income. More recently the idea of a wider Financial Transactions Tax covering the full range of products traded in the financial markets, has gained ground. Even levied at a very low rate, a yield of $400 billion a year could be realised.

The media as a means of shorthand refer to the Financial Transaction Tax as the Tobin Tax.  In fact, Tobin made his proposal specifically about currency transactions. When he made his proposal 30 years ago, the foreign exchange market had a daily value of $18 billion.  The market is now worth more than $3,000 billion per day. Tobin’s proposal was for a 1% levy, 200 times the rate the Robin Hood Tax campaign is proposing for the taxing of foreign exchange. The purpose of his tax was to impede daily currency trading and to discourage speculative activity, not as we propose to be a means of raising new revenue to fight poverty, at home and abroad.

The Robin Hood Tax differs markedly from the Tobin tax in that it is born of a different time, proposed at a different rate and designed for a different purpose.