As questions of economic resource allocation push to the forefront of the national consciousness there has been a rise in the number of people calling for either new taxes or wholesale tax reform. This has been mirrored by the increase in lobby groups such as Patriotic Millionaires UK a lobby group of high net worth and ultra-high net worth individuals who feel that they should be doing more. There are also a number of groups who are calling for a lower upper tax bracket in order to stimulate the economy.

In this episode of Taxing Matters, we discuss wealth tax and whether such a tax should be introduced? We are delighted to be joined by Dr Ben Tippet.

Ben is a lecturer in economics based at the Institute of Political Economy Governance, Finance and Accountability at the University of Greenwich and author of the thought provoking book 'Split Class Divides Uncovered'. Ben’s research focuses on pertinent questions around wealth inequality, housing, debt and political economy. He has been published in the Guardian, Opened Democracy and the BBC World Service.

References

• Revenue potential of UK wealth tax

• Impact of wealth tax on investment

Hosted on Acast. See acast.com/privacy for more information.