In this SLRG pamphlet the authors describe the post-Brexit era as the first realistic chance since 1945 for all of the political parties to unite behind the one financial reform that would forge a new start for the United Kingdom. That is, the migration from a system of taxation which represses production by at least £500bn a year to Annual Ground Rent (aka Land Value Tax).
Read the pamphlet here Blitz or £500bn.web.
Scotland after Brexit can flourish as never before. Over the past 300 years, the peoples of the four nations laboured under a tax regime which imposed an artificial ceiling on productivity.
Those taxes continue to create havoc in people’s lives. The only viable strategy for the UK is a fiscal reform-led programme that organically restructures the economy to replace rent-seeking with value-adding enterprise. This would re-balance relationships between the regions by eliminating the bias that now favours London. And it would transform the City of London to secure prosperity across the kingdom.
A national conversation is needed to create the democratic mandate that authorises the re-design of the public’s finances. And the leaders of all political parties must agree to work together to eliminate the internal barriers that rupture people’s health and wealth.
The annual UK damage caused by the tax regime amounts to at least £500bn. The palliative policies that are supposed to mitigate that damage have failed.
Twice in the 20th century the people of Britain mandated the structural reform of their finances. Twice the law was enacted. Twice, Parliament failed to honour the “rule of law”. Will Holyrood and Westminster now grasp the opportunity offered by Brexit to bring our nations a new kind of prosperity?