I'm thinking about the new system of taxation. 50% administered by the state, or charged by the state and 50% set locally either by councils or by county councils. Instead of government subsidising local councils, local councils will charge the taxes and pass 50% back to central government this would enable areas to compete against each other on taxation basis.
I'm also thinking about systems of pricing for tax or public services whereby price increases have to be announced well in advance with a maximum of 1% over inflation depending on how many years away. So 5% above inflation would have to be announced 5 years in advance.
The question is would this improve price stability or make it worse?
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