The Lib Dems want to tax the banks more – is this a good idea?
- Written by Robert Webb, Professor of Banking & Applied Economics, University of Stirling
Banks would pay more tax under the Lib DemsAnton_AVThe Liberal Democrats were the first party to unveil their manifesto and the first party to break ranks and declare increases in tax, or sort of. Ed Davey announced that they would reverse tax cuts to banks and introduce a windfall tax on profits. Obviously, the Liberal Democrats can do this as...
