Nationalisation Does Not Cost Taxpayers Anything

18th June 2024

Nationalisation does not cost the taxpayers of a country anything if it is done properly. Labour knew that in 1945, but apparently, they do not do so now. Why have they forgotten all that they once knew?

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'.