Getting Rid Of The Tax Anomalies - Richard Murphy - The Next Labour Government Should Do Everything Suggested In This Video
16th June 2024
The UK tax system is riddled with tax anomalies - or tax spillovers as I prefer to call them. Any politician who is serious about making the tax system work better should be aiming to get rid of them - but none are saying that's their plan.
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'.
Comment
My people know the system is unfair but because they do not understand how the tax system works they do nothing to pressure the politicians to make the changes. Large parts of the tax system favour the well-off in society as their friends set it up with changes here and there over many decades.
Thee are several things that can be done to change the tax system and get the money required for our services.