Yesterday evening, I was very pleased to take part in a debate on “Can capitalism be made good?” in Marlborough. I argued “no”, alongside Stewart Wallis from the New Economics Foundation. On the other side were Will Morris, chair of the CBI’s tax committee and Anglican priest, and Hugh Pym of the BBC. The Bishop of Salisbury, Nicholas Holtam, presided.
The ethics of capitalism is this year's topic for the annual Bishop of Salisbury's Debate, which will take place this evening (Wednesday 19 September) in Marlborough. I've been asked to be one of the speakers.
Since the economic crisis, people have become increasingly aware of the unfairness of our current tax system. Tax avoidance by corporations and the super-rich gives the appearance that paying tax is an optional extra, whilst low-paid workers have no choice in the matter.
The Joint Public Issues Team of the Baptist Union of Great Britain, the Methodist Church in Britain and the United Reformed Church has issued a statement about the Government's new poverty measures and tax avoidance.
From 6 April 2012, some poor UK households may lose tax credits due to them because of inadequate communication by the government. Numerous low-income families already face drastic tax credit and welfare benefits cuts. But even some of those still entitled to child or working tax credit may not receive this.