The case for taxing wealth, argument by argument.
This video argues that government COVID-19 spending disproportionately benefited the wealthy, leading to increased inequality and inflation, not a general rise in living standards. It proposes taxing inherited wealth, not income, as the solution to reverse this trend and prevent further economic decline for ordinary people.
“We need to shift the tax system away from taxing working people and towards taxing these small amounts of individuals who increasingly own everything in our cou”
“I was a very successful banker and I earned a lot of money and I paid a lot of tax. I was paying over 60% at the peak of my career. And at the same time as I di”
“The most frustrating thing about this is it's fixable because we can reverse those inequality increases by taxing the rich.”
“We literally caused inequality to increase at the fastest rate in the history of the country during a time when the economy was literally closed. And we were su”