Taxed & Taken
Gary Stevenson has become one of Britain’s most influential voices on inequality, arguing that the rich are getting richer while everyone else falls behind—and that a 2% annual wealth tax is the solution. In this episode, I take Gary’s argument seriously and examine it from first principles. We explore: * Why house prices and asset values exploded after 2008. * How Quantitative Easing and government borrowing changed the financial system. * Why savers were punished while asset owners benefited. * Whether billionaires really take your money—or whether government takes far more throughout your lifetime. * A detailed worked example of a £100 million business under a 2% annual wealth tax. * Why many European countries abandoned wealth taxes. * What Britain can learn from countries such as Ireland, Estonia, Switzerland and Singapore. * And finally, my alternative vision for reducing inequality—through lower taxes, greater ownership and a smaller, more focused government. Whether you agree or disagree, this episode challenges one of the biggest economic debates of our time. Get full access to Taxed & Taken: Money, Power & Freedom from the State at patelankeet.substack.com/subscribe [https://patelankeet.substack.com/subscribe?utm_medium=podcast&utm_campaign=CTA_4]
31 episodes
Comments
0Be the first to comment
Sign up now and become a member of the Taxed & Taken community!