Why does The Economist hate wealth taxes?
About this episode
The episode discusses the criticisms against wealth taxes and the motivations behind them.
The intelligentsia are going all-in against wealth taxes. Are they just trying to mislead us, or do they have valid criticisms? Get TAX WEALTH NOT WORK t-shirt and stickers – https://shop.garyseconomics.org/ CHAPTERS (00:00) Intro (00:55) Are we a meritocracy or an inheritocracy? (06:53) Inheritance tax vs wealth tax (12:27) Would it deter innovation? (18:52) Taxing the most productive people (21:07) The Economist’s integrity (22:21) What our intellectual elites think (25:40) Confused or misleading? (27:30) They are trying to distract you (28:42) Why journalists bat for billionaires (30:26) If you have less than £10m listen to this (34:47) Wealth taxes are NOT far-left (36:56) We need the intellectual classes (38:45) They are scared we’re going to WIN
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