Award-winning podcast about the economic forces shaping our world, with Ayeisha Thomas-Smith and guests. Brought to you by the New Economics Foundation – the independent think tank and charity campaigning for a fairer, sustainable economy.
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What does the Sunak scandal tell us about our tax system?
A few weeks ago the chancellor presided over a spring budget which ushered in the fastest drop in living standards on record, as he told us that we “can’t protect everyone”. But this week it was revealed that his wife has avoided paying around £20 million in tax, due to her non-dom status. Accused of “rank hypocrisy” by Keir Starmer, Rishi Sunak’s popularity has certainly been dented. The Sunak family hasn’t broken the law - but what does that say about the laws that govern who has to pay tax? What’s wrong with our tax system, when the chancellor can raise taxes on working people on one hand, and benefit from tax avoidance on the other? And what would fairer taxes really look like? Ayeisha is joined by Tom Peters, head of advocacy at Tax Justice UK. ----- Researched by Margaret Welsh. Produced by David Powell. Music by Poddington Bear under Creative Commons license. Enjoying the show? Tweet us your comments and questions @NEF! The New Economics Podcast is brought to you by the New Economics Foundation. Find out more at www.neweconomics.org