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Letter to local media - funding for public services - March 2016
Over the last weeks we have witnessed George Osborne’s latest budget being over shadowed as the Secretary of State for Work and Pensions has resigned sighting grave concerns over projected cuts to disability benefits.

It appears as libraries and other public services are being further pruned back in the name of austerity, even some Conservatives are beginning to question the wisdom of exposing their own electoral base to a further weakening of the state’s role.

The Liberal Party believes that the wealth to sustain affordable public services and a robust safety net for the most vulnerable in our society exists, but requires a radical change in the political will and thinking behind funding public services.

As an alternative we would promote Land Value taxation to adequately fund public services, whilst there should be a UK Universal Inheritance for all UK-born UK citizens at 25, starting at, for example, £1,000 and increasing annually for ten years or more by the same amount.

This far sighted scheme would be financed by progressive taxation on cumulative lifetime inheritances, in combination with a much reduced tax on cumulative gifting, of all capital gifts and inheritance.

These schemes underpin a Liberal Party constitution which aspires to create a society in which every citizen shall possess liberty, property and security, and none shall be enslaved by poverty, ignorance or conformity. 

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