Gabriel Zucman
speaker
169 appearances
1 recordings
1 series
first heard Aug 2026
last heard 5 Aug
Gabriel Zucman’s voice in public audio — every appearance, attributed to the second.
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recordings per month · last 12 monthsRecordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.
Appearances
It's important to understand that the billionaires, it's not like they're borrowing a ton of money.
They only need to borrow money
to fund their own personal consumption expenditures.
Right.
But that consumption is just very low relative to their true income or relative to their wealth.
For billionaires, it's just not quantitatively relevant.
Yeah.
Last thing I just want to push back.
on this widely held view that somehow there's going to be a lot of litigation with the California billionaire tax.
It's very complicated.
Sure, that's what the billionaires say.
Look, they want to defend the status quo.
The current situation is great for them.
And they're making all sorts of threats.
The reality is that we're talking about 250 taxpayers.
their wealth, very simple in most cases to value, to observe, they would have to pay first.
They can sue, they can try to litigate, but the way the text is written is first you have to pay.
And this type of argument that, oh, it's a new tax, it's going to be complicated, is exactly the type of arguments that people were making
at the beginning of the 20th century, when there were debates about the creation of the income tax.
The opponents, their main argument was,
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