As part of our wealth tax series, we hosted Joe Wright from Tax Justice UK on this episode. It’s a fascinating chat and a must-listen for anyone interested in progressive politics.
In mainstream media, calls for a wealth tax are getting louder - largely due to the work of Gary Stevenson - but critics argue that the wealthy will leave the country or the tax simply won’t work.
In this episode we hear the well-researched argument for a wealth tax from Tax Justice UK and we talk about some of the implications the tax will have on both wealthy and working people.
As a wealth tax is a way to raise revenue for the state, the conversation in this episode is largely national but Joe does leave us with one regional fact. In Kensington, where around 6,000 people live, receives more capital gains tax than Manchester, Liverpool and Newcastle combined. For more about Tax Justice UK’s long-term vision, you can follow this link.
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