Just done a gig under the above title for the New Economics Foundation at Amnesty International's offices in London.
The subject - taxing banks.
Dave Hillman of the Robin Hood Tax gave that subject a good airing.
Tony Greenham of nef covered all their dimensions - and there ae many.
And I guess I talked all things tax - as is my usual pitch on such occassions.
What's the outcome? Well this:
- Taxing banks won't solve all our ills - but billions can be raised
- If banks paid more tax they'e better realise their connection to society, or it least compensate it if they did not
- If banking secrecy in all its forms was shattered we'd find it much easier to clamp down on tax evasion
- A Robin Hood Tax can work, and without being universal
- Banks won't run anywhere if we tax or regulate them as there's nowhere to go
- Trying to run the UK as the successor to Ireland - as George Osborne seems to be doing - will leave us in the same place as Osborne
- Creating a progressive tax system on bankers is essential
- Right now banks and bankers seriously underpay tax
- This is also true in Europe bu there the will to correct this exists
- Why won't George Osborne share that sentiment here - the levy is no substitute for real change?
Thanks to nef.
And good to see they supported St Peter's Brewery, Bungay when selecting the booze. It's not a Norfolk brewery by a mile or so, but it's good all the same.