17min chapter

Making Money cover image

UK Budget 2024: Deep dive with two of the UK's top finance experts

Making Money

CHAPTER

Tax Challenges and Inequality in the UK

This chapter explores the Chancellor's struggle with public service underinvestment and the business community's response to recent fiscal policies. It highlights the effects of tax decisions on pensions, small businesses, and societal inequality, especially related to inheritance and asset distribution. Additionally, it addresses the complexities of implementing a wealth tax in the UK, underscoring its potential ineffectiveness and the need for comprehensive reform in current tax systems.

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