Apr 28, 2022
On the Taxcast we ask - do politicians believe in the societies they serve or not? Are they really a part of them, or do they live in a parallel world with different rules to ordinary people? The so-called 'NonDom' scandal goes all the way to Downing Street, the heart of the British government and the UK Chancellor/Finance Minister whose wife is taking advantage of an archaic tax status that leads to reduced taxes on her inherited fortune - just as her husband raises taxes on everyone else.
In this episode Taxcast host Naomi Fowler explores the results of revealing new work on the data with economist Arun Advani of Warwick University: and co-author of a new report "The UK’s ‘non-doms’: Who are they, what do they do, and where do they live?'
Economist John Christensen speaks on the breaking of the social contract and the need for a new set of governing principles to re-establish fairness for all regardless of wealth in all nations.
Transcript of the podcast (some is automated)
Further reading and listening:
Report: The UK’s ‘non-doms’: Who are they, what do they do, and where do they live?
https://warwick.ac.uk/fac/soc/economics/research/centres/cage/manage/publications/bn36.2022.pdf
Taxcast interview with journalist and anti-corruption campaigner in Pakistan, Umar Cheema, on his inspirational achievement in making Pakistan only the fourth country in the world to publish the tax returns of its Parliamentarians https://taxjustice.net/2015/05/22/the-tax-justice-network-podcast-may-2015/
The Wealth Tax Commission: https://www.ukwealth.tax/the-team
Tax Legislation in the UK Benefits the Interests of the Rich: https://leftfootforward.org/2022/04/prof-prem-sikka-tax-legislation-in-the-uk-benefits-the-interests-of-the-rich/