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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The Rest Is Politics: Leading · 197. The Billionaire Tax Debate (Gabriel Zucman) · 12 Jul 2026 podcast

It's something that we can choose to accept or that we can choose to fight.

So for instance, the way it works in the US is that if you have US citizenship,

You have to pay taxes to the US no matter where you live until you die.

So you can move to Dubai.

It makes no difference.

You still have to file a tax return and pay income tax in the US.

That's one model.

So there's no incentive to move abroad for tax reasons.

What other countries do, including the UK, is the opposite extreme in some sense.

Oh, or in France, what we do is we say, okay, someone who has spent all their life in the UK and now decides to move abroad, then immediately the UK stops taxing that person.

I think that's not reasonable.

And my proposal is to strike a kind of middle ground where if you've lived for a long time in the UK and you became very rich in the UK.

and now you move to another country, then the UK keeps taxing you for a number of years.

Perhaps not until you die, like in the US, but let's say for 10 years.

You don't need an international agreement to make it work.

Any country on its own can say, first,

We are going to tax our billionaires if they pay too little tax today.

Because my proposal is not just a straight wealth tax that comes in addition to whatever you pay.

So any country can say, first, we're going to tax our billionaires.

And second, if they move, we'll keep taxing them.

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