This is our truth, tell us yours
It’s less than a hundred days to the General Election, and I’m bored already.
The political debate is so heavily triangulated, and so cautious, that it desperately needs some new input.
So here, on speculative Saturday, are three policies I would implement if I were Prime Minister on May 8th.
1. Raise the rate of VAT on advertising to 50%, specifically including printed materials distributed door to door. Call it the Takeaway menu tax, and, in conjunction, seek a European ruling that online advertising is taxed according to where the person placing the advert is domiciled, not where the advertiser is based.
2. Return to local councils, and extend to other public bodies, including local government pensions funds and hospital trusts, the right to issue bonds in their own name and raise funds directly from the public. Call it the granny bond proposal, since the bonds will be most attractive to cash rich savers.
3. Re-introduce the power of recall for MPs, and extend it to local councillors.
There, what would your policy be?