There is an obvious way to tackle this inequality. It is called an investment income surcharge. We had one in the UK for more than 20 years, but Margaret Thatcher got rid of it. It is time that we had one again, creating an additional 15% tax charge on income from wealth of more than £10,000 a year.
Related Articles
EU politics
New Economics Foundation – The rise of the data oligarchs
July 24, 2018
Mathew D. Rose
EU politics, Finance, Media, Media Concentration, Monopolies, Regulation
0
There are troubling signs that the new data-driven economy is inheriting all the same problems as the old one: power imbalances, monopolies and a lack of accountability. Listen here
Climate Crisis
Jeffrey Sachs – New Economics for Sustainable Development
April 10, 2021
Mathew D. Rose
Climate Crisis, Deregulation, Economics, Energy, Environment, Finance, Financial Institutions, Food Production, Globalisation, Inequality, Neo-Liberalism in the EU, Sustainability
0
The Cambridge Society for Economic Pluralism hosted Jeffrey Sachs on sustainable development, ecological crises, inequality+Q/A on the weakness of economics in addressing empirics, non-market institutions, technological change, and its own ethical foundations
Economics
John Mearsheimer, Judge Napolitano – How Trump Lost His War
28 April 2026 On 28 April 2026, I was on “Judging Freedom” talking with the Judge about Iran, paying special attention to how Russia is now committed to making sure Iran prevails against the US […]

Be the first to comment