Green Party

Leader : Caroline Lucas
Deputy Leader: Adrian Ramsay

  • Regulate the financial sector more strictly, preferably at
    the international or EU level, but if necessary just in the UK. In
    particular, separate retail from investment banking.
  • Support
    new institutions like a green investment bank and local community banks
    in the financial sector, and new ways of investing in the green
    economy, such as green national savings bonds.
  • Make the special tax on bankers’ bonuses permanent.
  • No one in one of the wholly or partly state-owned banks should get a bonus of more than £25,000.
  • Crack down on tax havens and other methods of tax evasion and avoidance.
  • Press for a transparent international accounting standard
    that requires companies to report on a country-by-country basis so that
    their profits can be located and taxed.
  • Abolish the upper limit for National Insurance contributions.
  • Raise the lower National Insurance limit to the
    personal allowance rate (which is £6,475 a year, or £124.52 a week).
  • Reintroduce the 10% tax band and the 22p basic rate.
  • Increase
    the main rate of Corporation Tax from 28% back to 30% and reduce the
    small firms rate back to 20%, altogether raising £1.4bn.
  • Raise the Capital Gains Tax rate from 18% to the recipient’s highest income tax rate (that is 22%, 40% or 50%), raising £1bn.

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