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Interview with the economist billionaires fear: this is how we get a wealth tax

(108 Posts)
DaisyAnneReturns Tue 26-May-26 15:11:34

I found this latest episode of Gary's Economics fascinating and would be interested to know what those interested in a Wealth Tax made of it. What questions it raises? Which ones it answers?

This is their intro:
Gabriel Zucman is the most important economist in the world today. And the one billionaires fear most. His wealth tax proposals have passed France's lower chamber of parliament – and will likely be signed into law in the coming years. Here's his advice for how we can tax the super rich more in the UK and other countries.

www.youtube.com/watch?v=4jRnYfigc

LemonJam Sun 31-May-26 13:05:07

Sorry WWM2 I was responding to your post as though it was from MazieD- my error.

I fully agree with what you are saying. I value those with expert knowledge sharing their expert knowledge- always. But there is never a reason to dismiss and belittle others who may not have such experience knowledge.

I apologise for my mistake again - that skewed my reply.

Whitewavemark2 Sun 31-May-26 14:21:26

lemonjam

Thats fine.

But now i think maizie must be fed up with criticism and in any case it will seem like a pile on. So hopefully we can all get back to normal.
The wonders of MMT can still be celebrated and i can continue to see it as a curates egg.

Ever onwards!!!

Whitewavemark2 Sun 31-May-26 14:33:18

And i would like to add that maizie is a long standing "friend" and has been very kind to me

LemonJam Sun 31-May-26 14:40:47

Fair enough- and my comments were from my personal perspective.

Ever onwards!

MaizieD Sun 31-May-26 15:49:08

LemonJam

Fair enough- and my comments were from my personal perspective.

Ever onwards!

I would like to apologise if you felt I was trying to talk down to you. It was in no way intentional. I admit I do tend to be argumentative, which is why I have these exchanges with David, we kind of feed off each other.

I will try to be not so annoying. Do tell me to shut up if need be... grin

LemonJam Sun 31-May-26 16:03:47

Thanks MaizieD 👋 ever onwards. I'll speak up more in the moment.

David49 Sun 31-May-26 20:20:50

Claiming to have an academic understanding of economics, is no use whatsoever if the economics are proved not to work in practice.
The theory that governments can create money without limit or consequences is simply not understood, there is a limit on how much and for what purpose before investors loose confidence, and either interest rate rises or currency value falls, or both.