In his paper ‘Globalisation, taxation and inequality’ in this issue, Gabriel Zucman argues that the current tax system is not appropriate for our times. In particular, the system heavily taxes labour and consumption and largely exempts capital and capital income from taxation. This tax structure is at odds with rising inequality and the high capital share of income for the rich.
Authors
Anne Brockmeyer
Anne is the research fellow at IFS and an honorary faculty member at UCL. Her work focuses on tax policy in lower-income countries.
David Phillips
David is Head of Devolved and Local Government Finance. He also works on tax in developing countries as part of our TaxDev centre.
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