Should we have a death tax?
Why do we have taxes at all? Episode 40 of the Morality of Everyday Things is out now (and Part 1 of our series on inheritance tax.)
Episode 40 is now live. Listen on Apple Podcasts, Spotify, Anchor, Google Podcasts, Acast and more.
Also a big thank you to the 88 people who have rated us on Spotify (average 4.9 stars!) - we really appreciate it :)
Why do we have taxes?
The first in a two-parter where we discuss taxes and specifically inheritance tax. The series explores why taxes make sense at all, and then applies this thinking to inheritance tax. Does it meet the ideological/moral aims we have for taxes more generally, and indeed whether it seems to actually effectively meet its intended aims!
In this episode, we focus a lot on the point of taxes in general and break it down into 3 points: supporting public goods that it wouldn't make sense to privately provide, nudging behaviour and internalizing externalities, and finally supporting the general redistribution of wealth. It makes a great pre-cursor to any future tax episodes!
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Until next time!
Jake & Ant