It's a good summary of what is going on. Sometimes it's good to summarise the background and developments you're already largely familiar with, to inform a broader audience.

So you are now officially a good populariser.

The ending could still be improved. You talk about two things but then you don't mention the second explicitly, and you don't fit the taxes issue into the narrative as tightly as would be possible. So the end still feels a bit like an aside.

Overall I think the piece is excellent, though. It's a solid backgrounder that doesn't stray into elitist briefing insiderisms.