A FAIRER ECONOMY

Control of the economy

  • the economy is controlled by local businesses, co-operatives and communities, rather than anonymous companies that suck their profits out of Midlothian, use offshore tax havens and avoid tax
  • communities have been able to build their own capacity to organise and run their own enterprises, keeping jobs, skills and income within the community

Fair local taxation

  • the discredited Council Tax system has been abolished and replaced with a Land Value Tax which ensures that the wealthy pay their fair share and that the profits from speculation on land in Midlothian benefit the public, not just private developers
  • communities have a direct say in much of what the Council spends, through widespread use of Participatory Budgeting

Councils generating their own income

  • a far higher proportion of the local authority’s income is raised from within Midlothian itself, rather than relying on hand-outs from the Scottish Government.  The Council will run its own energy supply company, generating renewable energy which it sells to local consumers and the National Grid, and will have greater powers to generate income from housing.

Narrowing the wealth divide

  • the gap between the wealthiest and poorest people in Midlothian has been radically reduced by ensuring that wealth and income are fairly taxed
  • communities are able to develop the skills and resources to generate their own income and opportunities for employment
  • everyone is provided with a Universal Basic Income so that no-one is left struggling to afford food, fuel or a home; people are no longer subject to the degradation and stress imposed by the current benefits system; and people are enabled to choose what to do with their lives rather than being forced into a fruitless chase for non-existent or unrewarding jobs.

Re-defining value

  • our aims for the future are defined by a much wider definition of ‘prosperity’, including health, community resources and support, the quality of the environment, how much control we feel we have over our lives, rather than purely monetary definitions of societal ‘progress’, such as income and wealth.

click on headings below for details