UK

Below are some policies that will make Britain great and give the EU and others a greater incentive to do business with us.

As large corporations are experts at tax avoidance, change the system so that they run after the authorities rather than the authorities having to run after them. Specifically, a stamp duty on all credit transactions between limited liability entities. There would be no penalties for non-payment, but if the transaction is not “insured” by the stamp duty being paid before giving credit, the debt will be unenforceable in British Courts.

Foreign court rulings on contractual debt would only be subject to secondary enforcement in the UK if the stamp duty is paid. Other countries could enter into NEW mutual enforcement treaties with us on a basis of each country charging 50% of its normal rate stamp-duty. Absent such new treaties, the full amount would be required at the time of issuing credit even if it be for secondary enforcement of a cross-border debt.

At first blush, this might drive creditors offshore, but it would encourage debtors to bring their assets onshore. This, in turn, might appear to make Britaina haven for debt evasion. However, once the debtors start bringing their debt here, the creditors will know of the risk and will follow suit by paying the stamp duty in future. So the whole process will all sort itself out as the effects and consequences become clear.

Any stamp duty payments made during the course of the year may be deducted from the corporation tax bill or their business rates (but not double-dipped). But may not be carried over. In practice, this will mean that in any given year, companies will pay the greater of their (Corporation Tax + Business Rates) or Annual Total Stamp Duty. This means that UK based companies and high street retailers would no longer be at a competitive disadvantage.

Allow capital expenditure for production equipment to be deducted immediately until down to zero (but no rebates).

Minimum income-tax thresholds to be raised. (The idea should be sold to potential investor-employers as de facto subsidy on employment of people in the UK as they can deliver a higher net salary for less gross. The low value of sterling should also be exploited by our trade organizations for the same purpose – especially to encourage film-making here.)

Treat all UK residents (whether citizens or not) as equal for tax purposes.

Disallow tax rebates for the act of making works of art available to the public. It’s a joke and it doesn’t really serve the public interest.

Set local policing levels in boroughs or counties in proportion to the following formula: Crime rate * Population * (total income tax revenue / total market value of residential properties)

Allow certain pre-listed categories of skilled employees from non-EU countries to work in the UK with a minimum of bureaucracy. No complex points system, just a simple listing of approved skills.

National curriculum to change. Core subjects to include computer programming in various computer languages and scripting languages (age 9 upward) and logic design (age 11 upward) Don’t be afraid to challenge our kids. They WANT to succeed. Also, Chinese to be taught as first foreign language and then a choice between Korean or Japanese. We will need to be able to communicate with our new trading partners! This will signal your resolve both to the Pacific Tigers themselves and to our European neighbours. (This is in addition to bringing back grammar schools.)

All internal UK flights for Heathrow to land at RAF Northolt and set up a baggage and shuttle service between Northolt and Heathrow for international connections. This will solve the immediate congestion problem and could be implemented within WEEKS! Fast rail link to be built ASAP – if possible, using Inductrack. Heathrow can still get a third runway at a later stage, but this preliminary measure alone should massively alleviate overcrowding.

HS2 to use Inductrack passive maglev.

Make company directors and senior decision-makers (at least in PLC companies) liable, in the second position (after the company itself in the case of insolvency or liquidation), for company debts in those cases where it can be proven on the balance of probabilities that the company unreasonably took on those debts or later acted in a manner such as to significantly impair its capacity to pay those debts (if said action occurred on the watch of said decision-makers).

Abolish pre-pack liquidation. It rips off legitimate creditors, does nothing to protect jobs and facilitates fraud by crooked businesses and neo-resurgent “long firms”.

Limit the capacity of private companies to sue the government under trade agreements in cases where it can be proven – on the balance of probabilities – that the contract was substantially deleterious to the taxpayers’ interests and that this fact would have been foreseeable to a reasonable party on a basis of the information available at the time to the respective parties (i.e. only if (a) both parties would have been in a reasonable position to foresee it and (b) the damage to the taxpayer’s interest was substantial and financially significant would the government be able to default or unilaterally amend the terms without liability to the private company

Make it a criminal offence to make a false age-claim to qualify for – or assist another in qualifying for – refugee status, punishable by imprisonment and deportation. Make the makers for false declarations liable as accessories for any other crimes committed in the UK by the person(s) they assist until such time as they disclose the truth about their misrepresentations or the person is re-admitted after truthful self-disclosure or discovery.