Removing barriers and making your life easier
The Plan > The Economy
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The people create our nation’s wealth, not politicians
Endless rules and regulations that slow the growth of our businesses and a vast swathe of ever-increasing taxes – we need a break.
Politicians insist that the more schemes they invent, the better off we will be. In truth, they often address problems they created in the first place and in the end do more harm than good.
We must reduce government bureaucracy and barriers, and allow our economy to flourish more from the bottom-up.
Key objectives of economic reform
Enhance the Ease of Doing Business
We should make it as easy as possible for small businesses and entrepreneurs to get going.
Regulations should be minimal and robust, not excessive and disruptive.
Make Housing More Affordable
‘Generation Rent’ are priced out of buying their first home.
We need a fundamental shift of policy on land ownership and taxation to incentivise housing development and increase the supply.
Reduce the Cost of Basic Goods/Services
Clothes, food and footwear are among the main expenses for the poorest in society.
We must strive to reduce these household costs.
Simplify Tax and Abolish Loopholes
At 10 million words, the UK tax code is the longest anywhere in the world.
Loopholes can be found and exploited by those with the resources to do so, while others cannot.
Reduce the Overall Tax Burden
The tax burden for the average citizen has reached a 70-year high.
We should maintain essential (reformed) public services while the people keep more of their own money to spend more productively.
The changes we urgently need
Key policies for unlocking our economy
Land Value Tax – Replacing most Other Taxes
Land value increases over time because of investment by the local community. This unearned wealth should be taxed and paid back to the community as society’s principal tax.
No more Income Tax, Council Tax, Corporation Tax, etc. What you earn through your hard work should be yours to keep.
Excessive regulation is the new nationalisation. Recent governments have opted, not to own companies, but to heavily regulate them to have the influence without the responsibility.
We must minimise misguided government command and control, and eliminate huge unnecessary costs for millions of businesses.
We will abolish the current points-based immigration system and adopt a smarter approach with visa auctions.
Employers purchasing visas for foreign nationals will mean companies in the real world will more productively determine who should work in the UK, not bureaucrats in Westminster.
Carbon Tax
We will incentivise manufacturers to find new means of production and emit fewer carbon emissions.
The free market, not Westminster, will ultimately lead the way in identifying the innovative new means to reduce climate change without sabotaging our economic livelihood in the process.
Trade bloc with Canada, Australia and New Zealand
Known as “CANZUK”, we support this proposal for closer ties with these countries of the Commonwealth.
The free movement of goods, services and workers, with mutual recognition of standards, between English-speaking nations with a shared heritage and culture would be beneficial for all.
There is no more effective way to reduce the cost of vital goods and services for everyone, including the poorest, than to cut tariffs and other restrictions on international trade.
We will unilaterally cut tariffs and pursue trade deals that would reduce trade barriers on both sides.
The people are expected to live within their means and so should the politicians.
We will ensure borrowing and the over £2.2 trillion national debt is reduced. It is immoral, in our view, to pass such huge debt and its interest rates onto future generations.
The Plan
Political Reform
The politicians have too much power. We need radical new rules to put the people in the driver’s seat.
Public Services
Across our public services, enhancing your ability to choose is at the heart of our ambition.
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Brexit showed that when we unite... we can accomplish anything.
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About Us
Founded by grassroots campaigners, the Foundation Party is a UK registered political party working to offer an alternative direction of travel for the country.
We believe in greater freedom and liberty for the individual within a self-governing democratic nation. We offer a platform of radical self-empowerment suitable for the 21st century.
Follow the party on Facebook and Twitter via the handle @FoundationParty.