Wefan Gymraeg

Economy & Taxation Policy Working Group

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The Policy Working Group's Remit

How do we build a “Doughnut Economy” that ensures that nobody goes without the basic essentials needed to get ahead in life, and supports and enables a thriving, habitable planet?

  1. How do we create and maintain a supportive environment for business and entrepreneurs to thrive?
  2. How do we ensure that our economy and businesses can meet our climate obligations and our declaration of a climate emergency?
  3. How do we create and nurture economically and socially vibrant communities, across rural and urban areas of Wales?
  4. What does a fair deal for work look like that ensures that nobody goes without the basic essentials needed to get ahead in life?
  5. How does Wales respond to the impact of Brexit?
  6. How should we respond to the changing needs of business and the economy with regards to skills, training, and post-16 learning?
  7. What role should universities and colleges play?

The Working Group's Task

The aim of each Working Group will be to consider and respond to key policy questions and present findings, evidence, and policy proposals (or broad policy aims and objectives) that are essential to the 2021 election and which represent gaps in the party’s existing body of policy. The group should also consider what policy from 2016 and 2019 manifestos can be ‘carried over’ to our 2021 manifesto.

The group will take evidence and consult as widely as possible both within and outside the party. This evidence should inform the group’s proposals. Working Groups are expected to produce a Local party Events Pack’ to engage members on a local level in their work. This also includes the potential to deliver two virtual engagement sessions with members across Wales.

It is recommended that the Working Group appoint a Chair who can liaise with the Policy Development Committee, Policy Development Executive Officer, and Staff.

A policy paper (of no longer than 10,000 words) should be produced for consideration by the Policy Development Committee. Papers should:

  • Provide an assessment of the key challenges within the policy area or theme (including those as a result of COVID);
  • Provide a vision or objective that the Welsh Liberal Democrats would seek to deliver (a statement of intent);
  • Present policy solutions that allow us to be bold, distinctive and proudly liberal in our response;
  • Provide an assessment of the likely key debates or policy issues for the 2021 election and which parties will ‘major’ on those issues;
  • Consider the campaigning implications of your proposals.

The Working Group should also produce, in addition to the policy paper, a Policy Pitch for each of the key policies it believes the Welsh Liberal Democrats should adopt for our 2021 Manifesto.

In its work the Policy Working Group is to consider:

  • The overall principles of economic and taxation policy in a liberal society;
  • Taxation, including proposals for any new taxes and tax reform (Land Value Tax);
  • The Welsh Government is already considering four new taxes (Vacant Land Tax; Social Care Levy; Disposable Plastics Tax; Tourism Tax);
  • The changing profile of high streets, town centres and small shopping districts;
  • The skills needed for an modern, progressive and green economy and how we support training and re-training;
  • The role of small business, entrepreneurs and independent traders;
  • The role of large businesses and anchor businesses;
  • The climate and ecological emergencies, and Wales’ economic and industrial policy;
  • Regional economic development, and the priorities and implications for rural and urban areas;
  • The role of public transport, active travel, and transport policy on the economy;
  • Housebuilding, planning and s106 contributions;
  • Foundational, Circular and Sharing Economies;
  • International Trade;
  • Technology; tech industries; and automation.

The group is also expected to consider and address Liberal Democrat principles on diversity and equalities in developing their proposals. The process should take into account existing policy. Consideration should also be given to policy priorities, and implications for constitutional reform.

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