Just tax: Reforming the taxation of income from wealth and work

Article

The UK is one of the most unequal countries in the developed world, and income inequality could be set to worsen as capital and property ownership become more important sources of income generation. Redistribution is essential for economic justice.

It is profoundly unjust that those who work for their incomes are taxed more highly than those whose income is derived from wealth. This situation is all the worse when we consider that the wealthiest are less likely to generate their income from labour than the rest of us. Among the richest 1 per cent, over one-quarter of total income is generated from dividends and partnership income alone. Economic justice demands change.

This briefing paper focusses on two sets of proposals designed to make the taxation of income simpler, more progressive and better able to raise public money. The proposals are united by the principle that income, regardless of source, should be taxed equally across individuals.

Related items

  1. Newcastle street view of famous bridge and buildings

    The evolution of devolution: How the English devolution and community empowerment bill can go further

    The government’s early commitment to broadening and deepening devolution in England is very welcome, but the bill must be bold enough to make change that people can see and feel.
  2. A woman with long dark hair wearing a woolly hat puts her arm around her small son who is holding a teddybear. They're in a community centre in front of boxes of charitable donations

    Making the Child Poverty Strategy work for migrant families

    If we are serious about tackling child poverty, we cannot ignore the children of migrant families.
  3. Two young children run playing underneath a rainbow canopy in a park or garden

    It takes a village: Empowering families and communities to improve children's health

    How can we build the healthiest generation of children ever?