More powers for London
The Mayor of London, Sadiq Khan, has re-formed the London Finance Commission (LFC) to help the Mayor and London’s local authorities improve the tax and public spending arrangements for London in order to promote jobs, growth and greater equality.
Currently, New York City and a number of other large international cities have significantly more control over the collection and spend of taxes than London has. Some people think London government should have more control over its taxation in order to make public spending decisions that fit local priorities. Others think that the national government should control taxes and spending so finances can be distributed in the interests of the whole country.
Do you think that London government should have more control of taxes and spending on public services in London or not, and why? Are there particular taxes (council tax, stamp duty, income tax etc) that you think London should retain more of, and why? How do you think more local control of finances might affect you?
The discussion ran from 05 October 2016 - 05 January 2017
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Community Member 8 years agoA proportion of Londoners' Vehicle Excise Duty should be devolved to TfL. Otherwise, public transport users are subsidising repairs necessitated by heavy goods vehicles and other traffic coming into London.
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Community Member 8 years agoGiven the referendum result, London will have to fight for every resource it can get hold of. The capital must have financial and decision making powers commensurate with a city of its size and status. It is essential that the interests of...
Show full commentGiven the referendum result, London will have to fight for every resource it can get hold of. The capital must have financial and decision making powers commensurate with a city of its size and status. It is essential that the interests of the capital are protected from the egregious effects of central government decision making and the concerns of those who do not live in London.
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Community Member 8 years agoLondon government should definitely have more control of taxes and spending on public services in London.