Pay rises for teachers and the NHS will pay for themselves

The government will agonise over the cost of paying NHS workers and teachers the above inflation pay rises that have been recommended for them, but doing so is absurd. Once tax is taken in to account a large part of any payment due heads straight back to the government, quite quickly. So why does no politician ever talk about that?

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ABOUT RICHARD MURPHY
Richard Murphy is Professor of Accounting Practice at Sheffield University Management School. He is director of Tax Research LLP and the author of the Funding the Future blog. His best known book is ‘The Joy of Tax’.

This video was edited by Thomas Murphy.

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