To end austerity and make the economy work better for the whole country requires transforming the tax system. It is time for the UK to have a grown-up, national conversation about tax, to gain support for a radical tax regime that will allow it to end austerity, adequately fund public services and reduce inequality. And we need tax records to be publicly available. It’s time to end the British coyness about money.
We have written extensively, in our books The Spirit Level and The Inner Level, about the damage caused by income inequality to population health and social cohesion, and the need to reduce inequality as part of a transition to a sustainable economy that maximises well-being rather than GDP.