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The rich don’t spend enough – and that means they shrink the economy

Most of any country’s saving is done by its wealthiest people. But because the rich are obsessed with staying rich they save in ways that are unproductive. The result is they drain economies of productive spending and so shrink them. The answer? Tax them more. #uk #money #economy #politics #government #tax #labour #starmer #keirstarmer #old #health #life ABOUT RICHARD MURPHY Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’. This video was edited by Thomas Murphy. IF YOU WOULD LIKE TO SUPPORT THE WORK WE DO, PLEASE CONSIDER DONATING: https://ko-fi.com/taxresearch RICHARD MURPHY ON TWITTER Follow Richard on his Twitter: www.twitter.com/RichardJMurphy or on his blog: http://www.taxresearch.org.uk/Blog/ HIT SUBSCRIBE & GET NOTIFICATIONS Subscribe and get notified of new videos released. INTRODUCTION: https://www.youtube.com/watch?v=HdHsRPy3060 PLAYLISTS: Accountancy: https://www.youtube.com/playlist?list=PLvRueM6wBgobKWefKm-4flYmxl6mQXvaV Economics: https://www.youtube.com/playlist?list=PLvRueM6wBgoZUi-JrCCw5e1PGSSivxpfh Tax: https://www.youtube.com/playlist?list=PLvRueM6wBgoYJmq8bfAarBr4lX_hWzqkk Taxing Wealth Report: https://www.youtube.com/playlist?list=PLvRueM6wBgoYB2A6juHj4xX1DJtfuCiKV Green New Deal: https://www.youtube.com/playlist?list=PLvRueM6wBgoZpfDLmKqn35fqmhE665yCa Money: https://www.youtube.com/playlist?list=PLvRueM6wBgoZAZ5CtT4K9BNEl6TVLx_XH Questions from subscribers: https://www.youtube.com/playlist?list=PLvRueM6wBgoY9JOT2g85nFQjQc1jsoGds Miscellaneous: https://www.youtube.com/playlist?list=PLvRueM6wBgobtSvnUQS7Tc1jM3tkl4kSl #richardmurphy #richardjmurphy #economy #economics #accountancy #accounting #tax #uktax #ukeconomy #greennewdeal

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