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Richard J Murphy
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Comments by "" (@lonevoice) on "Wealth taxes won’t work" video.
Gary Stevenson is concerned about the growing wealth inequality in the UK and the economic damage that arises from that. He believes that it's a problem that needs to be addressed but I didn't think that he was an advocate for any specific measure. I was probably in favour of a wealth tax but Richard's argument makes sense. It needs a more in depth scrutiny. Something needs to be done.
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@GreenLarsen Absolutely. That was my understanding as well.
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@col.hertford9855 Difficult to answer. I can understand Richard's comment regarding the practicalities of valuation and can't see an easy solution. Five OECD countries I understand do have a wealth tax and perhaps we need to learn something from them.
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