Gabriel Zucman

speaker
485 appearances 1 recordings 1 series first heard Jul 2026 last heard 12 Jul

Gabriel Zucman’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Jul 2026 with 1.

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Hence, I propose to create a 100% tax on all incomes above $25,000.
And they nearly did it.
They did 94%, not far from 100%.
And this was the policy of the U.S.
under FDR and Truman and Eisenhower and so on.
Did it destroy economic growth?
Growth was higher in those decades than it's been since the 1980s.
Did it destroy innovation?
Did it destroy US capitalism?
Not at all.
Investment rates were higher in those decades than they've been since the 1980s.
What has happened since the 1980s is they've done the opposite, right?
They used to have the most progressive tax system in the world, and they went all in in the opposite direction.
What's been the consequence of that?
Macroeconomic growth
has declined very substantially.
It was 2% per year on average between 1946 and 1980.
It's been 1.4%.
It's not a high number.
People think that there's been a growth miracle in the US since Reagan.
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