Tuesday, 28 October 2014
Business Rates reform to be ignored again?
A good example of this today is business rates - a system currently designed to keep high streets empty or full of charity shops. Wherever you live in the Country, you are exposed to the detrimental effects of this policy.
Many Government look at this and just run away, the reform is likely to be negative for the Government tax take so there is no interest. Parallel discussions about the need to equalise the tax take from online and high street companies also then get annoyingly ignored.
Meanwhile hand wringing about a billion here or there to Brussels dominates or the impossibility of future funding for the NHS. These are of course real issues to, but it seems to the exclusion of all else. Reform of the Income tax system would fall into this category too - too hard to deal with and no votes in it.
It has then made me think that this position will get worse, the current polls point to another coalition or minority Government next time - one ht eon hadn, great, less law made is for the better. On the other hand, bad, hard decisions kicked into the long-grass ad infinitum. Frustrating.