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Wealth taxes won’t work

Billionaires need to be taxed more. We can all agree on that, but I think calls for wealth taxes are misplaced. They sound great but in reality are a nightmare to operate and rarely collect much. There are much better ways to tax the rich. 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’. This video was edited by Thomas Murphy. DONATE TO KEEP THIS CHANNEL ADVERT FREE https://ko-fi.com/taxresearch RICHARD MURPHY ON TWITTER Follow Richard on his Twitter: www.twitter.com/RichardJMurphy or on his blog: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION:    • Welcome to my channel - Richard J Mur...   PLAYLISTS: Accountancy:    • Accounting   Economics:    • Economics   Tax:    • Tax   Taxing Wealth Report:    • Taxing Wealth Report 2024   Green New Deal:    • Green New Deal   Money:    • Money   Questions from subscribers:    • Questions   Miscellaneous:    • Miscellaneous   #richardmurphy #richardjmurphy #economy #economics #accountancy #accounting #tax #uktax #ukeconomy #greennewdeal