
How Andy Burnham can solve Britain’s wealth tax debate, with Arun Advani
transcript
show notes
As Prime Minister, Andy Burnham will need to find money to fund public services and deliver on his promises. But how should he raise it? Is a wealth tax the answer, or are there better ways to reform Britain's tax system?
In this special deep-dive from the Policy Fix podcast, Nesta CEO Ravi Gurumurthy speaks to leading experts about the big decisions facing a new Prime Minister. Together, they test the ideas that could shape Burnham's first 100 days and explore what it would take to turn them into action.
In this episode, Ravi is joined by economist Dr Arun Advani to explore how Burnham could raise billions while making the tax system fairer and simpler.
Rather than introducing an annual wealth tax straight away, Arun argues there are faster, more practical reforms. He explains how changes to capital gains tax and National Insurance could raise significant revenue while encouraging investment and closing loopholes.
The conversation also explores whether the UK's property tax system needs an overhaul, the trade-offs between local and national tax reform, and how government can create a tax system that is fairer, more stable and fit for the future.
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