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video UK · 29 October 2024

Why our tax system is broken

This video argues the UK tax system is broken because it's progressive for ordinary earners but collapses for the very wealthy, especially on inherited wealth. It highlights how working individuals pay high income tax rates while billionaires inherit vast sums tax-free, contrasting this with the lack of tax paid by wealthy families on their income from mortgages, rent, and other investments.

By Gary Stevenson

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