Wealth is being discussed everywhere at the moment.
Gary Stevenson has taken the case for a UK wealth tax from YouTube to his recent Channel 4 documentary, How to Get Filthy Rich. The Labour government continues to face pressure to shift more of the tax burden from work towards assets and accumulated wealth, even though a comprehensive wealth tax is not currently government policy. In France, debate continues over the proposed “Zucman tax”, under which households worth more than €100 million would pay taxes amounting to at least 2% of their net wealth each year.
Others are pushing back. Economist Gerard Lyons argues that wealth taxes are not a simple answer to Britain’s fiscal pressures. Much of the wealth they reach may be tied up in