Graduate Tax
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Graduate Tax
A graduate tax is a proposed method of financing higher education. It has been proposed in the United Kingdom and the Republic of Ireland. Background Under the Higher Education Act 2004 British and European Union students at publicly funded universities in England, Wales and Northern Ireland are charged tuition fees (called "top-up fees") directly by the universities. The amount of the fees is limited by law and the fees can be funded by government-backed student loans issued by a government-backed company. The loans need only be repaid when the graduate is earning a sufficient amount of money to do so. Non-EU students can be charged an unlimited fee by the universities, and these are usually considerably higher. In 2009 the National Union of Students (NUS) proposed a tax on graduates who have received academic degrees over a period of years after the granting of the degree. Four of the five candidates running in the British Labour Party's leadership election in 2010 also ba ...
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Ed Balls
Edward Michael Balls (born 25 February 1967) is a British broadcaster, writer, economist, professor and former politician who served as Secretary of State for Children, Schools and Families from 2007 to 2010, and as Shadow Chancellor of the Exchequer from 2011 to 2015. A member of the Labour Party and the Co-operative Party, he was Member of Parliament (MP) for Normanton and later for Morley and Outwood between 2005 and 2015. Balls attended Nottingham High School before he studied philosophy, politics and economics at Keble College, Oxford, and was later a Kennedy Scholar in economics at the John F. Kennedy School of Government, Harvard University. He was a teaching fellow at Harvard from 1988 to 1990, when he joined the ''Financial Times'' as the lead economic writer. Balls had joined the Labour Party while attending Nottingham High School, and became an adviser to Shadow Chancellor Gordon Brown in 1994, continuing in this role after Labour won the 1997 general election, ...
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Universities UK
Universities UK (UUK) is an advocacy organisation for universities in the United Kingdom. It began life in the early 20th century through informal meetings of vice-chancellors of a number of universities and principals of university colleges and was previously known as the ''Committee of Vice-Chancellors and Principals of the Universities of the United Kingdom'' (CVCP). As of July 2022, UUK is led by President Steve West – Vice-Chancellor of the University of the West of England (UWE Bristol) – and Chief Executive Vivienne Stern. UUK is registered charity with an annual income of £13.7 million, which is largely raised from its member institutions. History In 1918 the first consultative meeting of all vice-chancellors was held. At that time, the committee consisted of just twenty-two universities and university colleges. In 1930, under the chairmanship of Sir Charles Grant Robertson, vice-chancellors secured a mandate from their respective universities that "it is desirable ...
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David Willetts
David Linsay Willetts, Baron Willetts, (born 9 March 1956) is a British politician and life peer. From 1992 to 2015, he was the Member of Parliament (MP) representing the constituency of Havant in Hampshire. He served as Minister of State for Universities and Science from 2010 until July 2014 and became a member of the House of Lords in 2015. He was appointed chair of the UK Space Agency's board in April 2022. He is also President of the Resolution Foundation – a living standards-focused think-tank. Education Willetts was educated at King Edward's School, Birmingham, and Christ Church, Oxford, where he studied Philosophy, politics and economics. Willetts graduated with a first-class degree. Policy researcher Having served as Nigel Lawson's private researcher, Willetts took charge of the Treasury monetary policy division at 26 before moving over to Margaret Thatcher's Policy Unit at 28. Aged 31, he subsequently took over the Centre for Policy Studies. Paul Foot wrote in ...
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Progressive Tax
A progressive tax is a tax in which the tax rate increases as the taxable amount increases.Sommerfeld, Ray M., Silvia A. Madeo, Kenneth E. Anderson, Betty R. Jackson (1992), ''Concepts of Taxation'', Dryden Press: Fort Worth, TX The term ''progressive'' refers to the way the tax rate progresses from low to high, with the result that a taxpayer's average tax rate is less than the person's marginal tax rate.Hyman, David M. (1990) ''Public Finance: A Contemporary Application of Theory to Policy'', 3rd, Dryden Press: Chicago, ILJames, Simon (1998) ''A Dictionary of Taxation'', Edgar Elgar Publishing Limited: Northampton, MA The term can be applied to individual taxes or to a tax system as a whole. Progressive taxes are imposed in an attempt to reduce the tax incidence of people with a lower ability to pay, as such taxes shift the incidence increasingly to those with a higher ability-to-pay. The opposite of a progressive tax is a regressive tax, such as a sales tax, where the poor pay ...
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Michael Howard
Michael Howard, Baron Howard of Lympne (born Michael Hecht; 7 July 1941) is a British politician who served as Leader of the Conservative Party and Leader of the Opposition from November 2003 to December 2005. He previously held cabinet positions in the governments of Margaret Thatcher and John Major, including Secretary of State for Employment, Secretary of State for the Environment and Home Secretary. Howard was born in Swansea to a Jewish family, his father from Romania and his mother from Wales. He studied at Peterhouse, Cambridge, following which he joined the Young Conservatives. In 1964, he was called to the Bar and became a Queen's Counsel in 1982. He first became a Member of Parliament at the 1983 general election, representing the constituency of Folkestone and Hythe. This quickly led to his promotion and Howard became Minister for Local Government in 1987. Under the premiership of John Major, he served as Secretary of State for Employment (1990–1992), Secret ...
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Conservative Party (UK)
The Conservative Party, officially the Conservative and Unionist Party and also known colloquially as the Tories, is one of the Two-party system, two main political parties in the United Kingdom, along with the Labour Party (UK), Labour Party. It is the current Government of the United Kingdom, governing party, having won the 2019 United Kingdom general election, 2019 general election. It has been the primary governing party in Britain since 2010. The party is on the Centre-right politics, centre-right of the political spectrum, and encompasses various ideological #Party factions, factions including One-nation conservatism, one-nation conservatives, Thatcherism, Thatcherites, and traditionalist conservatism, traditionalist conservatives. The party currently has 356 Member of Parliament (United Kingdom), Members of Parliament, 264 members of the House of Lords, 9 members of the London Assembly, 31 members of the Scottish Parliament, 16 members of the Senedd, Welsh Parliament, 2 D ...
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Gordon Brown
James Gordon Brown (born 20 February 1951) is a British former politician who served as Prime Minister of the United Kingdom and Leader of the Labour Party (UK), Leader of the Labour Party from 2007 to 2010. He previously served as Chancellor of the Exchequer in Tony Blair's Premiership of Tony Blair, government from 1997 to 2007, and was a Member of Parliament (United Kingdom), Member of Parliament (MP) from 1983 to 2015, first for Dunfermline East (UK Parliament constituency), Dunfermline East and later for Kirkcaldy and Cowdenbeath (UK Parliament constituency), Kirkcaldy and Cowdenbeath. He is the most recent Labour politician as well as the most recent Scottish politician to hold the office of prime minister. A Doctor of Philosophy, doctoral graduate, Brown studied history at the University of Edinburgh, where he was elected Rector of the University of Edinburgh, Rector in 1972. He spent his early career working as both a lecturer at a further education college and a t ...
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Chancellor Of The Exchequer
The chancellor of the Exchequer, often abbreviated to chancellor, is a senior minister of the Crown within the Government of the United Kingdom, and head of His Majesty's Treasury. As one of the four Great Offices of State, the Chancellor is a high-ranking member of the British Cabinet. Responsible for all economic and financial matters, the role is equivalent to that of a finance minister in other countries. The chancellor is now always Second Lord of the Treasury as one of at least six lords commissioners of the Treasury, responsible for executing the office of the Treasurer of the Exchequer the others are the prime minister and Commons government whips. In the 18th and early 19th centuries, it was common for the prime minister also to serve as Chancellor of the Exchequer if he sat in the Commons; the last Chancellor who was simultaneously prime minister and Chancellor of the Exchequer was Stanley Baldwin in 1923. Formerly, in cases when the chancellorship was vacant, the L ...
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Gordon Brown Portrait
Gordon may refer to: People * Gordon (given name), a masculine given name, including list of persons and fictional characters * Gordon (surname), the surname * Gordon (slave), escaped to a Union Army camp during the U.S. Civil War * Clan Gordon, aka the House of Gordon, a Scottish clan Education * Gordon State College, a public college in Barnesville, Georgia * Gordon College (Massachusetts), a Christian college in Wenham, Massachusetts * Gordon College (Pakistan), a Christian college in Rawalpindi, Pakistan * Gordon College (Philippines), a public university in Subic, Zambales * Gordon College of Education, a public college in Haifa, Israel Places Australia *Gordon, Australian Capital Territory *Gordon, New South Wales * Gordon, South Australia *Gordon, Victoria *Gordon River, Tasmania *Gordon River (Western Australia) Canada *Gordon Parish, New Brunswick *Gordon/Barrie Island, municipality in Ontario * Gordon River (Chochocouane River), a river in Quebec Scotland *Gordon ...
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John Smith (Labour Party Leader)
John Smith (13 September 1938 – 12 May 1994) was a British Labour Party politician who served as Leader of the Opposition and Leader of the Labour Party from July 1992 until his death from a heart attack in May 1994. He was also the Member of Parliament (MP) for Monklands East. Smith first entered Parliament in 1970 and, following junior ministerial roles as Minister of State for Energy (1975–1976) and Minister of State for the Privy Council Office (1976–1978), he entered the Cabinet towards the end of James Callaghan's tenure as Prime Minister, serving as Secretary of State for Trade and President of the Board of Trade (1978–1979). During Labour's time in Opposition to Margaret Thatcher's Conservative government, he rose through the Shadow Cabinet, serving as Shadow Secretary of State for Trade (1979–1982), Shadow Secretary of State for Energy (1982–1983), Shadow Secretary of State for Employment (1983–1984), Shadow Secretary of State for Trade and Indust ...
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Tony Blair
Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of the Opposition from 1994 to 1997, and had served in various shadow cabinet posts from 1987 to 1994. Blair was the Member of Parliament (MP) for Sedgefield from 1983 to 2007. He is the second longest serving prime minister in modern history after Margaret Thatcher, and is the longest serving Labour politician to have held the office. Blair attended the independent school Fettes College, and studied law at St John's College, Oxford, where he became a barrister. He became involved in Labour politics and was elected to the House of Commons in 1983 for the Sedgefield constituency in County Durham. As a backbencher, Blair supported moving the party to the political centre of British politics. He was appointed to Neil Kinnock's shadow cabinet ...
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Labour Party (UK)
The Labour Party is a political party in the United Kingdom that has been described as an alliance of social democrats, democratic socialists and trade unionists. The Labour Party sits on the centre-left of the political spectrum. In all general elections since 1922, Labour has been either the governing party or the Official Opposition. There have been six Labour prime ministers and thirteen Labour ministries. The party holds the annual Labour Party Conference, at which party policy is formulated. The party was founded in 1900, having grown out of the trade union movement and socialist parties of the 19th century. It overtook the Liberal Party to become the main opposition to the Conservative Party in the early 1920s, forming two minority governments under Ramsay MacDonald in the 1920s and early 1930s. Labour served in the wartime coalition of 1940–1945, after which Clement Attlee's Labour government established the National Health Service and expanded the welfa ...
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