Greens: We’ll have low borrowing funded by ‘wealth and Robin Hood tax’
Michael Crick has challenged Natalie Bennett on her incredibly low borrowing prediction of £21 billion a year. She says the borrowing is so low because money will be raised through “wealth tax” and “Robin Hood” taxes.
She said: “Of course what you are missing from the equation Michael is the income side which is the fact that as I said in my speech we have to make big multi-national companies ad rich individuals pay their way and we have set out in back there the details of that.
“We are talking about cracking down on tax avoidance and evasion and we are really looking at restoring HMRC, the staffing of which has been slashed away, to help achieve that. we have go t the wealth tax which can be bringing in 25 billion by the end of the Parliament, we have got the robin Hood tax, £20 billion by the parliament – the figures are all set out there.
The fact is we need to balance this society so these multi-national companies and rich individuals pay their way in a way they simply aren’t at the moment.
Michael is denied a follow up by Natalie Bennett and the chair who move on.