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
Period.
We don't need China or the US to agree to any of that.
Any country, unilaterally, on its own, can decide to do it.
And so then the question is, okay, is there ever going to be the political will in any country, whether it's France or the UK, to actually do that alone?
And you think there is?
And I think there is because there has been in the past, if you look at the creation of the progressive income tax, it didn't involve any kind of international agreement.
It's different countries at roughly the same time at the end of the 19th century, early 20th century that said, look, we're going to do things differently.
For centuries, we've had very unfair tax systems, mostly based on consumption of flat income tax rates.
And then
They introduced a progressive income tax in the UK, the famous people's budget of 1909, in France in 1914, in the US in 1913.
And then the income tax became very progressive during the course of the 20th century.
There was a lot of experimentation.
But what I mean is that it was a huge
political battle, the people's budget, the creation of progressive income tax.
These are always complicated battles, but at the end of the day, the forces of democracy prevailed.
And even though at the beginning of the 20th century, you had many people predicting all sorts of disasters if we were to ever have a progressive income tax, one century after that,
Everybody recognizes that by and large, it's a big success, except, and I'll just end with that, except that the billionaires have not yet entered into the system.
They are mostly not paying any or any significant amount of income tax.
That's the problem.
That's a good question.
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