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Burnham’s income tax revolution is a gamble – but here’s why it works
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The i Paper
close Cancel email WhatsApp link share Share bookmark SaveJust a month ago, Andy Burnham stood in the People’s History Museum in Manchester and set out what he would do as prime minister.
Now that he has the job, he has the power to change where power lies in Britain.
Burnham’s plans, which will be set out on Friday, reportedly include giving regional mayors a share of income tax revenues from their areas to spend in their area, and possibly doing the same with income from business rates raised locally.
Unlike in Scotland, local income tax or business rates would not rise or fall.
They could borrow against this future income, or use it to repay the private developers that deliver the project upfront.