Huge amount of tax paid by the 'richest' just shows up inequality

The big debate today is, what’s the best way to tax wealth?

Last Updated: May 11, 2024By Tags: , , , , , , , ,

There seems to be a consensus that wealth should be taxed more. But the big debate today is, what’s the best way to tax wealth?

Some, it is said, want to tax the assets held by the rich – but economist Richard Murphy, below, reckons this is impractical, for the following reasons:

What do you think of his preferred solution?

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