{"id":37844,"date":"2017-07-10T08:04:35","date_gmt":"2017-07-10T07:04:35","guid":{"rendered":"http:\/\/www.taxresearch.org.uk\/Blog\/?p=37844"},"modified":"2017-07-10T09:13:58","modified_gmt":"2017-07-10T08:13:58","slug":"red-lines","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2017\/07\/10\/red-lines\/","title":{"rendered":"Red lines"},"content":{"rendered":"<p>Theresa May wants Labour's support for her ailing premiership. It's an interesting idea: a quasi-grand coalition. I can't think of any reason why Labour should agree, but if they were to make an offer what would the red lines be? I stress, I have no influence on the issue at all, and what follows is not meant to imply I have (in an attempt to avoid the torrent of abuse that might otherwise follow) but it's an interesting issue to muse upon. So, for the record, if I was around the Labour corridors of power I would be inclined to make an offer, but to make it a manifesto style demand. These might be my red lines:<\/p>\n<p>1. To keep all the benefits of single market and customs union membership: to stay in both, in other words. Put a Norwegian style deal on the table in other words;<\/p>\n<p>2. To agree a long transition for Brexit;<\/p>\n<p>3. To compromise on ECJ oversight on agencies like Euaratom and medicines to retain the benefits;<\/p>\n<p>4. To seek limited change on free movement;<\/p>\n<p>5. To abandon all corporation tax changes and to instead steadily increase the rate towards a European norm to end tax competition with our neighbours and signal goodwill;<\/p>\n<p>6. To impose transparency on the UK's tax havens to make clear that this is not the UK's direction of travel;<\/p>\n<p>7. To increase capital gains tax rates and higher rates of income tax to make clear inequality will be tackled;<\/p>\n<p>8. To abolish the bedroom tax and other such penal measures as part of a comprehensive reform of benefits and social care;<\/p>\n<p>9. To radically change work assessments and related measures to end the injustice they have created;<\/p>\n<p>10. To end the 1% pay cap: Britain needs a pay rise;<\/p>\n<p>11. To launch new national savings accounts to direct saving to infrastructure investment and to require that saving in them be an option in all pension schemes;<\/p>\n<p>12. To stop HS2 and replace it with a green new deal creating a carbon army in every constituency in the UK;<\/p>\n<p>13. Stop parliamentary constituency reform measures and start a PR review and reform of the House of Lords;<\/p>\n<p>14. Do not renegotiate the East Coast route franchise with Stagecoach but take it back into public control;<\/p>\n<p>15. Impose an energy price cap and remove many of the differentials between tariffs: it should not be possible to sell 'bad deals';<\/p>\n<p>16. Guarantee no unwinding of QE and no interest rate rises.<\/p>\n<p>I am sure I have missed a few issues and I am aware a few are contentious. But that's the opportunity such an invitation offers. Why not take it?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Theresa May wants Labour&#8217;s support for her ailing premiership. It&#8217;s an interesting idea: a quasi-grand coalition. I can&#8217;t think of any reason why Labour should<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2017\/07\/10\/red-lines\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,74,118,106],"tags":[],"class_list":["post-37844","post","type-post","status-publish","format-standard","hentry","category-economics","category-green-new-deal","category-labour","category-politics"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/37844","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=37844"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/37844\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=37844"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=37844"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=37844"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}