UNISON's alternative budget demonstrates why we do not need cuts in vital public services;
• £4.7bn could be raised every year by introducing a 50 per cent tax rate on incomes over £100,000
• £10bn could be raised every year by reforming tax havens and residence rules to reduce tax avoidance by corporations and 'non-domiciled' residents
• £14.9bn could be raised every year by using minimum tax rates to stop reliefs being used to disproportionately subsidise incomes over £100,000
• £30bn could be raised every year by introducing a Major Financial Transactions Tax on financial institutions
• £76bn could be saved over 40 years by cancelling Trident, amounting to £1.8bn annually
• £500m could be saved every year by eradicating healthcare-acquired infections from the NHS - extra cleaners would cost half this
• £495m could be saved every year by adopting measures to improve the health and well-being of NHS staff, thereby reducing sickness absence
• £1bn could be saved every year by halving the local government agency bill, a sum achieved by high performing councils
• £5bn could be raised every year with an Empty Property Tax on vacant dwellings, which only exaggerate housing shortages and harm neighbourhoods
• £2.8bn could be saved every year by reducing the central government use of private consultants
• £3bn could be saved in user fees and interest charges every year if PFI schemes were replaced with conventional public procurement
Total: £74.195 billion
This is precisely what we need from our trade union - a coherent alternative to the consensus between the three main parties that our members have to pay the price for the bankers'crisis.
We need now to be lobbying politicians to support this alternative - and to take careful note of their responses (and remember them come the Election).
If UNISON Labour Link want to make effective use of our resources then our support should be going only to those politicians who will endorse the principles of UNISON's alternative budget.
Full marks to the Morning Star for giving this the coverage it deserves.
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