Garys Economics

A wealth tax in the UK is becoming unavoidable

39 min · 7 de jun de 2026
Portada del episodio A wealth tax in the UK is becoming unavoidable

Descripción

Are we about to get a new Prime Minister in the UK? The change in leadership may be the best chance we've ever had of winning wealth taxes in this country. And it could be a blueprint for other countries around the world. Chapters (00:00) Intro (00:36) UK situation (02:18) Who will be the new Prime Minister in the UK? (03:41) A poisoned chalice? (07:57) Strong position to get wealth taxes (11:13) I will back Labour if they do this (15:45) Adopting our political framing (22:01) Would Andy Burnham really be different? (25:11) The markets refuse to lend the UK anymore (28:09) What happens if we DO get wealth taxes? (31:01) We need to tackle long-term problems (34:13) MY PREDICTIONS (34:57) The progress we’ve made

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episode The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman artwork

The economist billionaires fear: this is how we get a wealth tax. Meeting Gabriel Zucman

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. CHAPTERS (00:00) Intro (02:57) Who is Gabriel Zucman? (07:14) Why universities ignore inequality (14:05) What is the problem? (20:12) How we tax billionaires more (26:51) Gabriel’s billionaire tax in France (27:46) Learn from taxes in past (30:14) The current situation is radical (33:29) Wealth is concentrating at the top (39:07) How the UK can adopt this tax (46:02) Message to The Rest is Politics (50:12) Final message

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