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Why the tax system is broken

Six problems with the way we redistribute wealth

By Paul Johnson   220

© Bumpermark

Government is a game of two halves—the spending half and the taxing half. If the latter isn’t pretty much as big as the former then in the long run we’ll be in trouble. To fund all the schools and hospitals, police and armed forces, roads and pensions, we pay more than £600bn in tax each year. That’s about £4 in every £10 generated by the economy.

The tax half really ought to get as much attention from policymakers, parliament and the public as the spending half. If…

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