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Richard J Murphy
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Comments by "" (@lonevoice) on "What do you want from our videos?" video.
I would like to see in depth analysis and recommendations on what is happening in politics and economics. Taxation is a bit of a mess and full of anomalies. Your book "The of Joy of Tax" was great. That in itself could be brought up to date and form the basis of a whole stream of videos. I would also like to have more on economic topics such as MMT, wealth inequality, universal basic income etc. Your thoughts on current trends would also be interesting. Take basic income for example. We live in a world with increasing automation and robotics. Is there a tipping point at which universal basic income has to be adopted or will that only happen when there is a break down in society? If there is a tipping point then why aren't we planning for it or adopting it now? Again on the subject of robotics, why do robots not pay national insurance? The likes of Amazon are hugely automated and many businesses are going that way. Why do high streets shops for example that use people have to pay employer's national insurance but those businesses that have automated don't? The state has to pick up the cost of benefits for those people displaced by automation but not for those who are working. With full employment this might not be an issue but employment may become harder to obtain. Then there are the anomalies. Education and the NHS are two of the largest expense areas for government. A couple of decades ago the cost of tertiary education started to be passed onto the students. But why pick on education and not the NHS. We have an increasingly aging population with increasingly costly treatments particularly for the elderly. Does it make sense to have student loans for the young instead of say NHS operation loans for the over 60s repayable from their estate upon death or written off at that stage? Why one over the other? And then Jeremy Hunt says that IHT is double taxation. Is there an argument that IHT merely takes the place of the repayment of healthcare loans for the over 60s?
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