Watch: Wealth Taxation Explained

Article

Wealth is twice as unequally distributed as income, so why are we taxing income so much more than wealth? Grace Blakeley explains why we need a complete overhaul of the wealth tax system.

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. Find out more about IPPR's wealth tax proposals here: bit.ly/31coTgM

Related items

  1. Flags of Great Britain and European Union

    New world, new relationship: Our future with Europe

    Britain’s assumptions about its place in the world no longer hold, upturned by Russian aggression, American unreliability and Chinese coercion.
  2. A woman’s hand filling in a postal ballot / voting form.

    A durable majority?: How public opinion on the EU performs under pressure

    A decade on from Brexit, Andy Burnham has signalled that a reassessment of the UK’s relationship with the EU might be around the corner.
  3. Dramatic high-angle drone photograph of decommissioned oil platforms anchored in the Cromarty Firth, near Invergordon, Scotland, as the sun sets over a calm North Sea

    Allies for delivery: Rebuilding faith in Scottish politics via the North Sea

    Can Scottish politicians still build enough of a consensus to deliver meaningful change for disillusioned voters?