Starter for 10 – What’s Labour’s tax policy?

Don’t know? Don’t feel bad – neither does Labour. Or it is just not telling.

It has said it will tax water. But Labour isn’t calling it a tax – it’s calling it a “royalty”.

The royalty will apply to commercial consumption, the rate will be “proportionate and fair” and will be set after consultation post-election.

We don’t know what the price of a cabbage, or anything else, will be because we don’t know the rate and exactly what the royalty is to apply to.

What is and isn’t “commercial consumption” also isn’t clear. . .