Our recommendations on taxation and welfare in Ireland - and elsewhere - include a reorientation of taxation policy towards 'commons-based taxation', the introduction of a Universal Basic Income, and capping the fossil fuel supply.
"With the Covid-19 crisis, calls for a basic income are gaining new momentum. The U.S., and other countries too, could enjoy the immense society-wide benefit of a Basic Income if they are willing to set aside the sour grapes argument...of not providing a social safety net to out-groups," writes Brent Ranalli.
Patrick Noble suggests some ways in which "ordinary people may steer a course back into history and with luck – a course towards a newly egalitarian and convivial culture." In particular he focusses on basic income combined with a land value tax, as he believes these two initiatives could together "provide the simplest, most elegant regenerative tool for social justice."
This video is from the afternoon session of a day-long seminar organised in May 2015 by Community Development Journal, University College Cork, UNIDEV and Kimmage Development Studies.
If implementation of an FTT is indeed a no-brainer, as suggested at yesterday's launch in Dublin of RobinHoodTax.ie, it is because of its potential influence in creating a more stable and balanced economy within a fairer society. These may not be the lead messages of a campaign featuring the #MakeBankersPay hashtag and emphasising the dogoodability of FTT tax receipts. But arguably they should be. By Graham Barnes.