Posts tagged "Lib Dems"
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Jul 7, 2026 Policy

Taxing British citizens abroad: why a passport tax won’t work

If you’re a US citizen then you pay US tax wherever in the world you live. Americans can’t escape the US tax system simply by moving abroad; they have to give up their citizenship. The Liberal Democrats and others have suggested the UK should adopt something similar: a “passport tax” on British citizens living overseas. […]
Democrats FUNDING A FAIR DEAL
Jun 10, 2024 Analysis

Our take on the Lib Dem manifesto

The Lib Dem manifesto is here, and a separate costings document is here. It claims to raise £27bn from tax increases. There is very little detail, but five items seem questionable, representing over £9bn in total: First, the Lib Dems propose to raise £1.4bn from a tax on share buybacks. But the tax is badly […]
Ed Davey
Jun 9, 2024 Analysis

The Lib-Dem buyback tax won’t raise £1.4bn, and could raise nothing

The Lib Dems are proposing a 4% tax on share buybacks that they say would raise £1.4bn/year. It’s based on a similar proposal in America. But circumstances in the US and UK are very different. This means that the rationale for the US tax isn’t relevant to the UK and, more importantly, that the Lib […]

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