Garys Economics

Why does The Economist hate wealth taxes?

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/ [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

A wealth tax in the UK is becoming unavoidable

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

Why Jeff Bezos wants to cut your taxes

The world's fourth richest wants your taxes cut to 0. Why did he say this last week – and should we believe him? T-SHIRT: get the Tax Wealth Not Work t-shirt https://shop.garyseconomics.org/ [https://shop.garyseconomics.org/ ] Chapters (00:00) Intro (02:43) Why Bezos wants lower tax (06:34) His real argument (09:12) How they distract you (12:51) They think you’re stupid (14:04) Tax wealth not work (16:59) “Everyone hates government” (21:45) Blaming politicians (23:50) The broader context (26:04) How billionaires are making you poorer (28:37) The 5 Whys (32:44) What progress have we made?

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

This is the only way to stop the far right from taking power in your country

Parties like Reform have a clear message on why living standards are collapsing. And this is why they're growing. If you want to stop them you have to reverse falling living standards. Chapters (00:00) Intro (02:21) Falling living standards are driving this (07:38) What’s happening in the UK? (09:19) Left and Centre need to unite (15:41) This is the last chance (17:14) You need to act now (21:25) Learn to communicate (26:11) Do not look down on the public (31:52) Hatred will destroy us (35:00) Message to Reform supporters (38:57) Hope