Watch: Wealth Inequality Explained
Article
The UK is a wealthy nation but that wealth is very unevenly distributed. This has negative implications for both economic prosperity and justice. These issues are set to become more important as technological change, stagnating wages and rising house prices increase the income and gains that can be made from wealth.
The UK’s system of wealth taxation currently fails to tackle these issues. In fact, it frequently exacerbates them by creating opportunities for avoidance, distorting investment decisions, poorly capturing wealth transfers and undertaxing income from assets, particularly housing. This is unjust.
Related items
The IPPR Inclusion Taskforce
Our new inclusion taskforce will focus on reforming England's failing special educational needs and disabilities (SEND) system.Places to come together: Rebuilding local solidarities against the far right
A discussion paper on the fight for local investment and why government must create, facilitate and maintain spaces where solidarity might thrive.State of the North 2025 - The kids aren't alright: How to deliver for young people in the North
This year’s State of the North report highlights how regional inequality exacerbates the growing challenges facing many young northerners.