"Too bad that all the people who know how to run the country are busy driving taxicabs and cutting hair", said George Burns. Or writing newspaper columns.
Labour could find the money it wants without raising taxes. This is austerity by amnesia
It isn't austerity, it's a fiscal expansion overall, about as much as we can get away with, judging from the price of debt. There are some bad regressive choices within that, but that's not austerity.
Someone BTL. comments that this "easy painless solution" stuff just helps Farage. This is a literal Farage policy, a tax on banks, which they'd pass on to businesses and consumers.
Various experts who've looked at it aren't sure it's a good tax, and even if were, it would raise far less than £40bn which seems to what this writer thinks. That's higher than the total UK bank profits.
https://www.theguardian.com/commentisfr ... hel-reeves