There Are Six Reasons To Tax And None Involve Funding The Government

5th August 2024

As a matter of fact, tax does not fund government spending because government money creation does that. So why do governments tax? There are six good reasons to do that.

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'.