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Why wealth taxes fail - and what we should do instead

Making Money

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Navigating Tax Complexities

This chapter explores the speaker's journey into tax law and highlights the flaws within advanced democracies' tax systems, emphasizing the need for evidence-based reforms. It critiques common narratives around taxes like stamp duty and inheritance tax while advocating for simpler tax structures that promote productivity. The discussion tackles the political challenges of reforming tax policy, underscoring the risks associated with wealth taxes and their impact on social welfare.

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