The Citizens Party's taxation policy will strengthen the real economy and deter financial speculation. The GST will be scrapped, as it is a regressive burden on the poor and the thousands of small businesses who collect it. A financial speculation tax of 0.1% tax ($1 in $1,000) levied on turnover in stocks, bonds, currencies, and derivatives, will be affordable for real investors but a deterrent to financial gamblers and high frequency traders. Tariffs will foster and protect domestic industries. To combat criminal tax evasion, nations must join in demanding the UK disband its network of tax havens.

Our policies on Taxation