George Galloway's reply
"Dear Friends
Please find below the Respect party manifesto commitments
- No cuts to our public services
- For major government investment in schools, hospitals, home building, transport and green industries to create the jobs we need and stimulate growth
- For an overhaul of the finance sector and introduction of tighter regulation
- For a windfall tax on bank profits
- For the establishment of a peoples' bank at the post office
- For progressive taxation: raise corporation tax; for 50% income tax on those earning over £100,000; eliminate income tax for those earning less than £15,000; no increase in VAT; restore the ability of local authorities to set their own business rates
- Capital Gains Tax should be paid at the same marginal rate as Income Tax
- For a Robin Hood tax on bank trading and a permanent tax on bankers’ bonuses
- Clampdown on tax avoidance and close tax loop holes
- For raising the minimum wage in line with earnings and ending the lower rate for young workers.
- An immediate increase in the state pension and an immediate restoration of the pension link with earnings
- Royal Mail should be kept entirely in the public sector.
- As part of a programme to establish equal pay for women Respect supports compulsory equal pay audits.
Please therefore see the brief specific responses to your proposals below
Keep up your good work!
With best wishes"
George Galloway
Respect candidate - Poplar and Limehouse
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Do you agree in principle with the aforementioned policy?*
*no commitment to act upon the policy
Answer "Yes - although we wish to eliminate income tax for those earning less than £15K - so our figures vary - but in principle we seem to be on the same track".
In a generic sense, do you believe that the rich should pay more tax and the poor should pay less tax?
Answer - "Yes".
Do you pledge to campaign for income tax reform at the next parliament?*
*not necessarily as specified with the above policy
Answer - "Yes".
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