A land/location value tax (LVT), also called a site valuation tax, split rate tax, or site-value rating, is an ad valorem levy on the unimproved value of land. Unlike property taxes, it disregards the value of buildings, personal property and other improvements to real estate. A land value tax is generally favored by economists as it does not cause economic inefficiency, and it tends to reduce inequality.
Sir Henry Campbell-Bannerman was a British statesman and Liberal Party politician who served as Prime Minister of the United Kingdom from 1905 to 1908 and Leader of the Liberal Party from 1899 to 1908. He also served as Secretary of State for War twice, in the Cabinets of Gladstone and Rosebery. He was the first First Lord of the Treasury to be officially called "Prime Minister", the term only coming into official usage five days after he took office. He also remains the only person to date to hold the positions of Prime Minister and Father of the House at the same time.
The welfare state of the United Kingdom comprises expenditures by the government of the United Kingdom intended to improve health, education, employment and social security. The UK system has been classified as a liberal welfare state system.
Robert Arthur Talbot Gascoyne-Cecil, 3rd Marquess of Salisbury,, styled Lord Robert Cecil before 1865, Viscount Cranborne from June 1865 until April 1868, and Lord Salisbury until his death, was a British statesman, serving as Prime Minister three times for a total of over thirteen years. A member of the Conservative Party, he was the last Prime Minister to head his full administration from the House of Lords.
Robert Lowe, 1st Viscount Sherbrooke, GCB, PC, British statesman, was a pivotal but often forgotten figure who shaped British politics in the latter half of the 19th century. He held office under William Ewart Gladstone as Chancellor of the Exchequer between 1868 and 1873 and as Home Secretary between 1873 and 1874. Lowe is remembered for his work in education policy, his opposition to electoral reform and his contribution to modern UK company law. Gladstone appointed Lowe as Chancellor expecting him to hold down public spending. Public spending rose, and Gladstone pronounced Lowe "wretchedly deficient"; most historians agree. Lowe repeatedly underestimated the revenue, enabling him to resist demands for tax cuts and to reduce the national debt instead. He insisted that the tax system be fair to all classes. By his own main criterion of fairness – that the balance between direct and indirect taxation remain unchanged – he succeeded. However historians do not believe this balance is a good measure of class incidence and was by that time thoroughly archaic.
Tax reform is the process of changing the way taxes are collected or managed by the government and is usually undertaken to improve tax administration or to provide economic or social benefits. Tax reform can include reducing the level of taxation of all people by the government, making the tax system more progressive or less progressive, or simplifying the tax system and making the system more understandable or more accountable.
"Starving the beast" is a political strategy used by budget hawks to limit government spending by cutting taxes.
John Morley, 1st Viscount Morley of Blackburn,, was a British Liberal statesman, writer and newspaper editor.
The birthday cake interview was a famous interview in Australia between reporter Mike Willesee and Liberal Party Opposition Leader John Hewson shortly before the 1993 federal election. Hewson was unable to easily answer whether a birthday cake would cost more or less under his proposed tax reforms, causing voters to reject the plan as overly complex. It is remembered as the interview which contributed to Hewson's failure to win the election because he was unable to explain one of his key tax policies on live television.
The Cornerstone Group is a socially conservative or traditional conservative political organisation within the British Conservative Party. The Group espouses traditional values as exemplified by its motto: Faith, Flag, and Family. It comprises Members of Parliament with a traditionalist outlook and was founded in 2005. The Group's president is Edward Leigh and its chairman John Hayes. More than fifty Conservative Party Members of Parliament belong to the Cornerstone Group, including several members of HM Government.
Gladstonian liberalism is a political doctrine named after the British Victorian Prime Minister and leader of the Liberal Party, William Ewart Gladstone. Gladstonian liberalism consisted of limited government expenditure and low taxation whilst making sure government had balanced budgets and the classical liberal stress on self-help and freedom of choice. Gladstonian liberalism also emphasised free trade, little government intervention in the economy and equality of opportunity through institutional reform. It is referred to as laissez-faire or classical liberalism in the United Kingdom and is often compared to Thatcherism.
Barack Obama has declared his position on many political issues through his public comments and legislative records. The Obama Administration stated that its general agenda was to "revive the economy, provide affordable and accessible health care to all, strengthen our public education and social security systems, define a clear path to energy independence and tackle climate change, end the War in Iraq responsibly and finish our mission in Afghanistan, and work with our allies to prevent Iran from developing a nuclear weapon."
The 1872 Republican National Convention was held in Philadelphia, Pennsylvania, June 5–6, 1872. President Ulysses S. Grant was unanimously nominated for a second term by the convention's 752 delegates. Vice-President Schuyler Colfax was for some time considered a potential rival to Grant for the nomination, and had declared himself open to the prospect should Grant decide not to run for a second term, a stance that alienated him from both the President and his many supporters. Further damage resulted when a small movement within the Liberal Republican Party sought to enter his name for their presidential nomination. While neither amounted to more than speculation, it likely cost him his chances for renomination. Colfax narrowly missed the mark, garnering 321.5 delegates to Massachusetts Senator Henry Wilson's 399.5, President Grant being among those many notables who remained on the sidelines as the balloting had taken place.
The May Report was a publication on 31 July 1931 by the Committee on National Expenditure. The May Committee was set up to suggest ways for the government to curb expenditure after a proposal by a Liberal MP. The committee was chaired by Sir George May. Its main conclusions were extensive public sector spending cuts, including a cut to the unemployment benefit, and increased taxation.
Fightback! was a 650-page economic policy package document proposed by John Hewson, federal leader of the Liberal Party of Australia and Leader of the Opposition from 1990 to 1994. It represented the start of their new "dry", economic liberal future policy direction, very different to the keynesianism they previously practised. The package was part of their unsuccessful policy platform at the 1993 election.
The June 2010 United Kingdom Budget, officially also known as Responsibility, freedom, fairness: a five-year plan to re-build the economy, was delivered by George Osborne, Chancellor of the Exchequer, to the House of Commons in his budget speech that commenced at 12.33pm on Tuesday, 22 June 2010. It was the first budget of the Conservative-Liberal Democrat coalition formed after the general election of May 2010. The government dubbed it an "emergency budget", and stated that its purpose was to reduce the national debt accumulated under the Labour government.
The 2011 United Kingdom budget, officially called 2011 Budget - A strong and stable economy, growth and fairness, was delivered by George Osborne, the Chancellor of the Exchequer, to the House of Commons on 23 March 2011.
The 2011 anti-cuts protest in London, also known as the March for the Alternative, was a demonstration held in central London on 26 March 2011. Organised by the Trades Union Congress (TUC), it was a protest march against planned public spending cuts by the Conservative-Liberal Democrat coalition government that was formed in May 2010.
