The case for taxing wealth, argument by argument.
This video is a channel update discussing the growth of Gary's Economics and its mission to link economic struggles to rising inequality. It highlights progress in shifting public perception on inequality, despite challenges from anti-immigration rhetoric and resistance to wealth taxation from mainstream economists and politicians.
Mentions Nigel Farage
Raised as a counter-argument to rebut. “we have an incoming Labour government, who are advised by a group of mainstream economists and journalists who are super, super resistant to taxation.”
Raised as a counter-argument to rebut. “what we have at the moment is a situation where basically across the Western world, living standards are falling.”
“I think that almost everybody agrees that high levels of inequality are a bad thing, but I think people have believed or been kind of fooled into believing for ”
Raised as a counter-argument to rebut. “if taxing wealth is so easy, why doesn't anybody do it? And he showed that, you know, across the world, wealth taxation is quite low.”
“And, because this inequality problem is not being fixed, it inevitable that the economic problems and the living standards problems will keep getting worse and ”