The UK tax system is a con | Economics | New Statesman

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A tax system that allows millionaire Rishi Sunak to pay a lower tax rate than working people is in dire need of reform, says Harry Lambert. Subscribe here: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1 “If everyone in the country understood how the tax code worked, it wouldn't last very long.” - Harry Lambert Did you know that the burden of council tax is about ten times as heavy in poorer areas as in richer ones? Did you know that Rishi Sunak’s effective tax rate was 23% last year, which is lower than the tax rate you pay if you earn £37,000 in income? Harry Lambert speaks to Freddie Hayward about his cover story for the New Statesman and explains how the UK’s tax system entrenches inequality, stymies growth, and rewards a few at the expense of the many. Read the piece here: https://www.newstatesman.com/politics/economy/2023/08/britains-great-tax-con/?ECID=social_yt_traffacq_bau — The New Statesman helps audiences understand the economic forces shaping the world. Subscribe to the New Statesman for just £1 per week here: www.newstatesman.co.uk/podcastoffer -- The New Statesman brings you unrivalled analysis of of the latest UK and international politics. On our YouTube channel you’ll find insight on the top news and global current affairs stories, as well as insightful interviews with politicians, advisers and leading political thinkers, to help you understand the political and economic forces shaping the world. With regular contributions from our writers including Political Editor Andrew Marr and Anoosh Chakelian - host of the New Statesman podcast - we’ll help you understand the world of politics and global affairs from Westminster to Washington and beyond. Subscribe on YouTube: https://www.youtube.com/channel/UC2DHAQOeEg-Z-4trARDXHRA?sub_confirmation=1 Sign up to Morning Call, the daily UK politics newsletter from the New Statesman: https://morningcall.substack.com Subscribe to the New Statesman from just £1 per week: https://www.newstatesman.com/podcastoffer