Welfare for the Rich – who receives the biggest subsidies in UK?
Welfare for the Rich – who really receives the biggest subsidies in the UK?
We all know that Britain’s richest 1% have accumulated as much wealth as the poorest 55% of the population but what is not recognised by most politicians or journalists is that the poorest are subsidising the richest because of our fundamentally flawed economic system.
This new publication shows how the poorest of the poor are subsidising the richest of the rich and how a shift in our inefficient, avoidable and skewed tax system could rectify this historic wrong.
By abolishing or reducing bad taxes and introducing a tax of the annual rental value of all land we see an end to land speculation and land hoarding; ‘housing bubbles’; unaffordable homes for a growing number; inbuilt poverty, low wages and unemployment; the worsening North/South divide and economic injustice for the majority of our population.