What are we getting wrong about tax by New Economics Podcast published on 2024-12-19T15:09:01Z Last week hundreds of tractors drove through Parliament Square. It was the latest protest by UK farmers against changes to inheritance tax announced by the chancellor. From farmers’ protests to the poll-tax riots in the 90s, the amount of tax we pay to the government churns up intense emotions. We want to rescue our cash-strapped public services - but most of us are reluctant to pay more tax. Do Labour’s tax plans go far enough to fix our broken economy? Is the UK really a high-tax nation? And if we want an economy that meets everyone’s needs, do we all just need to pay more tax? Ayeisha Thomas-Smith is joined by Sara Hall, deputy director at Tax Justice UK, and Hannah Peaker, director of policy at NEF, to discuss. Music by A.A Aalto (available: https://freemusicarchive.org/music/A_A_Aalto/Bright_Corners/Corps_Of_Discovery/), used under Creative Commons licence: creativecommons.org/licenses/by-nc/4.0/. Produced by Katrina Gaffney and Margaret Welsh. The New Economics Podcast is brought to you by the New Economics Foundation. Find out more about becoming a NEF supporter at: neweconomics.org/donate/build-a-better-future New Economics Foundation is a registered charity in England and Wales. Charity No. 1055254 Genre News & Politics Comment by Maxwell The wealth tax is simply a method to bring down inequality. It doesnt need to be justified in terms of the need to fund other things. 2024-12-20T00:36:50Z Comment by Maxwell Again, we dont need to tax in order to invest in the NHS. 2024-12-20T00:34:47Z Comment by Maxwell "Taxation to pay for public serveces" is the not correct. Funding public serves, and taxation are completely independent issues. Is simply there to maintain demand for the currency. 2024-12-20T00:34:01Z
