Should we have a death tax? - part 1 - 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 apply this thinking to inheritance tax - both whether it meets the ideological/moral aims we have for taxes more generally, and indeed whether they seem to actually effectively meet their 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 support general redistribution of wealth. It makes a great pre-cursor to any future tax episodes!
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