Richard Farleigh: Why a wealth tax won't work | Opinion

We need transparency, efficiency and long-term planning. A wealth tax won't work, writes Richard Farleigh, a former dragon from Dragons' Den, author, investor and serial entrepreneur. Something is wrong. The system has clearly failed a lot of people. Approximately 43 per cent of the UK's wealth is owned by the richest 10 per cent of households. Read more of the story here 👇 https://www.cityam.com/richard-farleigh-why-a-wealth-tax-wont-work/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Richard Farleigh, Emmanuel Nwosu, Joe Lee #wealth #wealthtax #tax #inheritance #inheritancetax #personalfinance #finance #business #businessnews #money #moneymanagement #moneymindset #economy #economics #news #politics #politicalnews #uk #uknews #ukeconomy #entrepreneur #entrepreneurship #opinion