Who Are The Wealthy? - Richard Murphy
23rd April 2024
Who are the wealthy?. There can be no precise definitions, but there are plenty of clues that can be used when setting out to create a fair tax system.
ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax'.
The Taxing Wealth Report 2024 explains how by making up to 30 relatively simple changes to the UK tax system up to £92 billion of additional tax and more than £100 billion of funds for investment could be made available to fund public services in the UK - which is more than any politician could imagine that they need.
The aim is threefold. First, the Report proves that the claim that 'there is no money left' is wrong. Second, it shows that the wealthy and well-off in the UK really are undertaxed. Third, it shows that solving the problem of funding the society that we need is not hard to achieve.
The Taxing Wealth Report 2024 is available at https://taxingwealth.uk/
ABOUT RICHARD MURPHY - The Author
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He directs the Funding the Future blog. He is a political economist and was a practising chartered accountant for forty years.
The video with transcript HERE
Listen To A podcast introducing the report
Richard Murphy's blog Funding the Future
Taxing Wealth Report 2024
Pdf 440 Pages
For a summary and breakdown of the report go HERE