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NonDoms unmasked: the Tax Justice Network podcast


Welcome to the latest episode of the Tax Justice Network’s monthly podcast, the Taxcast. You can subscribe either by emailing naomi [at] taxjustice.net or find us on your podcast app.

In this Taxcast episode we ask – do politicians believe in the societies they serve or not? Are they really a part of them, or do they live in a parallel world with different rules to ordinary people? The so-called ‘NonDom’ scandal goes all the way to Downing Street, the heart of the British government and the UK Chancellor/Finance Minister whose wife is taking advantage of an archaic tax status that leads to reduced taxes on her inherited fortune – just as her husband raises taxes on everyone else.

Taxcast host Naomi Fowler explores the results of revealing new work on the data with economist Arun Advani of Warwick University: and co-author of a new report “The UK’s ‘non-doms’: Who are they, what do they do, and where do they live?’

Transcript of the podcast (some is automated)

What we see is that we have a regime that explicitly encourages people not to bring their money onshore. And there are lots of other things in the system that need fixing. How does one get reform of these kinds on the agenda?

~ Economist Arun Advani of Warwick University

The nondom rule epitomises the sense of fracture of the social contract and the gradual erosion of commitment to democracy. And that’s why we need this whole new set of governing principles to re-establish some sense of a social contract here in Europe and elsewhere in the world where similar tax breaks have been given to the super rich.”

~ Economist John Christensen

Featuring:

Further reading and listening:

[Image credit: “Mask” by poropitia outside the box is marked with CC BY-NC-SA 2.0.]





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