The case for taxing wealth, argument by argument.
This video examines the rise of the far right in the UK and globally, particularly after recent local elections where the Labour Party suffered significant losses. It argues that the far right is becoming the most popular political force and proposes solutions to prevent them from winning future elections, focusing on economic inequality and living standards.
Mentions Rishi Sunak, Keir Starmer, Nigel Farage, Joe Biden
Raised as a counter-argument to rebut. “When I look at Reform, when I look at Farage, what I see is a party run by rich people, funded by very rich people, that have a policy, as soon as they come in,”
“If it is not inequality, tax the rich, living standards, what the is it? It has to be tax wealth not work.”
“Okay, all right, fine. Wealth taxes have in some cases been designed badly. This is true. Work with me to design the wealth tax well, then.”
Raised as a counter-argument to rebut. “And if you want to find examples of wealth taxes that are designed badly, you will find them.”
“Living standards have been falling and have fallen quite a long way for nearly 20 years now here in the UK and across the Western world.”
“Gabriel Zucman who is an inequality economist. He's been working on this for, you know, 10, 20 years, who has a team of 35 people, they're in France, that is wo”