<\/p>\n
Barclays\u2019 Glasgow campus would pay more in rates<\/p>\n
The Scottish Greens will fund local schools and care services with a new \u201cbanker tax\u201d on \u00a31 million+ business properties such as the giant Barclays and JP Morgan campuses in Glasgow and the Standard Life building in Edinburgh.<\/p>\n
A local surcharge would be added to these sites through the business rates system.<\/p>\n
The party says it will ensurie that the communities where these large corporations are based get to benefit from the vast profits they are generating.<\/p>\n
Business groups will be dismayed by plans for more taxes and say such proposals will drive away investment.<\/p>\n
The proposal follows the Greens\u2019s plan to close the salary gap by imposing a 10:1 ratio on companies receiving government support so that the highest paid executive cannot earn more than 10 times the lowest earner. <\/p>\n
If this policy was already in operation it would have meant Center Parcs could not have received \u00a330m in funding from Hoyrood to support its Borders\u2019 resort.<\/p>\n
The Greens say big businesses can afford new taxes because of the scale of their earnings. They state that Barclays reported pre-tax profits of \u00a39.1 billion, an increase of 13% on the previous year.<\/p>\n
The charge is part of the Scottish Greens\u2019 plans to ensure that the wealthiest people and businesses pay their fair share to support Scotland\u2019s public services.<\/p>\n
Party co-leader Ross Greer said: \u201cThese banks are raking in huge profits, but the communities surrounding them are suffering because of underfunded public services. It\u2019s time for the biggest businesses to pay their fair share.<\/p>\n
\u201cFar too much of our economy has been given over to a banking sector which brings huge risks and has a long history of rewarding reckless behaviour and greed. It wasn\u2019t long ago that tax payers had to stump up tens of billions of pounds to bail out irresponsible banks.<\/p>\n
\u201cThe Scottish Greens have plans to put more staff into our schools and care services, and this is how we pay for it. While other parties are planning even more devastating cuts to public services, we will make the super-rich and big businesses pay their fair share instead,.<\/p>\n
\u201cA vote for the Scottish Greens on 7 May is a vote to ensure that the wealthiest people and companies are taxed properly and to demand better for ordinary people and families across our country.\u201d<\/p>\n
\t #Greens #big #businesses #pay #local #surcharge #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"
Barclays\u2019 Glasgow campus would pay more in rates The Scottish Greens will fund local schools…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[7],"tags":[10128,237,272,954,306,6724,4364,1426,10129,2478],"_links":{"self":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4899"}],"collection":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4899"}],"version-history":[{"count":0,"href":"https:\/\/stock999.top\/index.php?rest_route=\/wp\/v2\/posts\/4899\/revisions"}],"wp:attachment":[{"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stock999.top\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}