Funding the Future

The right way to tax wealth in 2026


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The push for wealth taxes has been one of the defining economic debates of 2025. The question now is whether we want policies that work.

In this video, I argue that the fastest, fairest way to tax wealth is through higher taxes on the income, gains and transfers that wealth generates — not through complex and slow-to-deliver wealth taxes.

This approach raises more revenue, strengthens compliance, exposes hidden wealth, and keeps open the option of a wealth tax later if it is still needed.

If we are serious about justice, democracy and effective government, this is the path we should take.

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Funding the FutureBy Richard Murphy