Are the Rich Getting Richer? The Challenges of Wealth Inequality

Contributor(s): Dr Kristin Surak, Dr Neil Cummins, Aroop Chatterjee | The COVID world has also entailed a much larger state intervention than at any time since the 1950s, linked to the twin challenges of an aging society and the need to invest in net zero, alongside any costs of recovery. This is something both of the major political parties appear to have signed on to. The question then is not only how much should we tax, but who should we tax, and how far the wealthy should be the focus of increased taxation. Questions of fairness will be central to the debate. In this event we present evidence on the trends in wealth inequality in society and reflect on the political challenges involved in addressing these.