Hurricane Irma & Tax Havens
A National Care Service
As the National Audit Office confirmed in their last report on the British Overseas Territories, the UK has the backstop financial responsibility for ensuring that these quasi-autonomous and self-governing locations are financially solvent:
"The UK bears the ultimate risk of potential liabilities from its overseas territories.
It is important …. that the UK should reinforce its close working with Territories to manage risks in government finances, disaster and crisis management."
This has particular significance in the context of the devastating impact of Hurricane Irma.
A Ministry of Tax
The adequate provision of social care is a major issue facing the UK. A near crisis has been triggered by the failures of privatised provision, aggravated by the austerity inflicted upon the NHS.
However, it is not just a question of providing enough care but also about developing new and different forms of care.
Tax is an effective tool available to any government to implement its social and economic policies. The current institution for collecting taxes, HM Revenue and Customs, does not allow effective use of the tax instrument.