Is a wealth tax the answer to fixing an unfair tax system? Dan Neidle, founder of Tax Policy Associates, says no — and reveals why wealth taxes don’t work, how a land tax could be fairer, what real reform would look like, and why no politician has the guts to do it. 💼 If you’re a company owner or self-employed and looking for some tax help https://makingmoney.email/financial-advisors-video 🎉 Sponsors Vanta - Get your company secure and compliant, with $1k off: https://vanta.com/makingmoney Tide - Get up to 4.22% AER (variable) on your business savings. Use this link https://www.tide.co/offers/makingmoney or the code 'MAKINGMONEY'. You'll also get £100 if you fund your account with £5,000 in the first 30 days. Ts&Cs apply. The more you save, the higher the rate—up to 4.22% AER (variable) on balances over £1M. New Tide members receive these rates free for 6 months, then your Tide plan’s savings rate and thresholds apply. Visit https://tide.co/savings for full terms and conditions. - If you purchase a product or service using one of the links above, we may receive a commission. There will be no additional charge for you. Remember investments can fall and rise - and past performance is no guarantee of future results. Other fees may apply. Your money is at risk. This is not financial advice. The reason it’s not financial advice is because it’s not tailored to you. We explain the principles of building wealth but if you want personalised advice, it’s worth speaking to a financial advisor. As with everything financial, please do your own research. We really encourage that because no one cares more about your money than you and if you learn the basics then it will change your life. Chapters: 00:00 - From lawyer to investigator 07:21- How much waste does our system create? 11:18 - What has happened historically with wealth taxes? 16:18 - Tide ad 17:14 - How can we actually tax the rich 24:30 - Are you actually paying more tax? 26:10 - Who are the biggest tax avoiders? 31:26 - Can cutting tax pay for itself? 36:22 - The mess of our VAT system 41:28 - Vanta ad 42:22 - Why we need a land tax now 47:41 - The first taxes we need to change 49:37 - Tax avoidance schemes 53:29 - HMRC is coming after historic crypto gains 58:11 - Investigating the ex-Chancellor 01:00:29 - Who is Dan investigating now? 01:03:39 - How did Dan retire at 48