Emergency Tax for Top 1% and Closing Energy Company Loopholes Promised by Green Party

At their annual conference today, the party will present measures it says would raise £75 billion, which could be invested in an extensive home insulation and renewable energy program< /p> Carla Denyer and Adrian Ramsay are the leaders of the English Green Party
Failing Tories should hit the top 1% with an 'emergency tax', while loopholes allowing energy companies to dodge paying their fair share should be closed, Green Party will say today today.

They claim the measures would bring in £75 billion, which could be invested in a massive program of home insulation and renewable energy.

Party co-leaders Carla Denyer and Adrian Ramsay will say at their fall conference that a “dirty profit tax” on big polluters will lower bills and reduce inequality.
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With a new wealth tax, those with £3.4m or more will pay a marginal rate of 1%, rising to 5% for those with £5.7m and 10 % for those with £18.2m and above.

Ms Denyer will tell party faithful: 'We could save hundreds, thousands of pounds with insulation - reducing energy waste, reducing bills and emissions.

The Greens have denounced the tax measures of Liz Truss (
Picture:
Getty Images)
"It's really not rocket science. The cheapest bill is the one you don't have to pay."

The Greens describe Liz Truss' policies as "a climate-killing, growth-at-all-costs agenda that will deepen inequality and poison our environment".

Mr Ramsay is expected to say: 'The way things are right now - money and power in our society are in the wrong places.

"Oil and gas companies are thriving; families are struggling to pay their bills.

"Billionaires reap millions in interest; nurses go to food banks."

He will say Ms Truss 'has doubled down on the Tories' lack of compassion and awareness for people's real concerns as the cost of living crisis is allowed to continue and accelerate.
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Ms Denyer says the UK has 'the leakiest houses in Europe'

The Greens have pledged to close loopholes in the Conservative North Sea oil and gas windfall tax, which allows companies to dodge part of the tax by reinvesting their profits.< /p>

Politics Sep 30, 2022 0 66 Add to Reading List

Emergency Tax for Top 1% and Closing Energy Company Loopholes Promised by Green Party

At their annual conference today, the party will present measures it says would raise £75 billion, which could be invested in an extensive home insulation and renewable energy program< /p> Green Party leaders Adrian Ramsay and Carla Denya presented contingency tax plans Carla Denyer and Adrian Ramsay are the leaders of the English Green Party

Failing Tories should hit the top 1% with an 'emergency tax', while loopholes allowing energy companies to dodge paying their fair share should be closed, Green Party will say today today.

They claim the measures would bring in £75 billion, which could be invested in a massive program of home insulation and renewable energy.

Party co-leaders Carla Denyer and Adrian Ramsay will say at their fall conference that a “dirty profit tax” on big polluters will lower bills and reduce inequality.

With a new wealth tax, those with £3.4m or more will pay a marginal rate of 1%, rising to 5% for those with £5.7m and 10 % for those with £18.2m and above.

Ms Denyer will tell party faithful: 'We could save hundreds, thousands of pounds with insulation - reducing energy waste, reducing bills and emissions.

The Greens have denounced the tax measures of Liz Truss (

Picture:

Getty Images)

"It's really not rocket science. The cheapest bill is the one you don't have to pay."

The Greens describe Liz Truss' policies as "a climate-killing, growth-at-all-costs agenda that will deepen inequality and poison our environment".

Mr Ramsay is expected to say: 'The way things are right now - money and power in our society are in the wrong places.

"Oil and gas companies are thriving; families are struggling to pay their bills.

"Billionaires reap millions in interest; nurses go to food banks."

He will say Ms Truss 'has doubled down on the Tories' lack of compassion and awareness for people's real concerns as the cost of living crisis is allowed to continue and accelerate.

Ms Denyer says the UK has 'the leakiest houses in Europe'

The Greens have pledged to close loopholes in the Conservative North Sea oil and gas windfall tax, which allows companies to dodge part of the tax by reinvesting their profits.< /p>