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If taxing the rich is so fraught, maybe we need a rethink | Phillip Inman

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The cost of government is rising, yet raising taxes is bad politics. From productivity to ‘degrowth’, the left ought to get behind the more radical approaches

Taxing the better-off is not going to be easy. For one thing, no one can agree on how to go about it. Thinktanks have put forward various proposals, usually targeting individual wealth.

Voices across the political spectrum agree with the need for such a move. Free-market economists are just as worried about the excessive accumulation of personal capital as those on the left.

Continue reading…The cost of government is rising, yet raising taxes is bad politics. From productivity to ‘degrowth’, the left ought to get behind the more radical approachesTaxing the better-off is not going to be easy. For one thing, no one can agree on how to go about it. Thinktanks have put forward various proposals, usually targeting individual wealth.Voices across the political spectrum agree with the need for such a move. Free-market economists are just as worried about the excessive accumulation of personal capital as those on the left. Continue reading…