In this week’s podcast, Charlotte Pickles is joined by Paul Johnson, Director of the Institute for Fiscal Studies, to discuss the role the tax system may be playing in people’s loss of faith in capitalism. Why do we treat unearned income more generously that earned income? How does the bank CEO get to pay a lower rate of tax than the branch manager? And is the tax system incentivising poor business behaviour?

You can also read our series on wealth taxes.