Saturday, September 8, 2018

Welby proposes radical tax reforms

From The Church Times-

BIBLE verses are not normally traded at press conferences, but there was a sharp exchange on Wednesday, when the Archbishop of Canterbury launched a radical set of proposals to reform the UK economy.

The proposals are contained in Prosperity and Justice, a report produced by the Institute for Public Policy and Research (IPPR) Commission on Economic Justice, of which Archbishop Welby is a member. The report’s premise is that wealthy individuals and corporations must contribute more to ensure a just society.

“Isn’t there a risk that, if the Government were to impose a wealth tax, particularly on earnings that people had already paid tax on, they would fall foul of the eighth commandment: ‘Thou shalt not steal’?” Sky’s economics editor, Ed Conway, asked.

More here-

https://www.churchtimes.co.uk/articles/2018/7-september/news/uk/welby-proposes-radical-tax-reforms 

and here-

https://www.ft.com/content/268ff106-b1f7-11e8-99ca-68cf89602132

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