Gary Stevenson
speaker
5,834 appearances
16 recordings
3 series
first heard Apr 2026
last heard 26 Jul
Gary Stevenson’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 — 16 in all, peaking in Jul 2026 with 6.
Appearances
Okay, welcome back to Gary's Economics.
Today we are going to talk about why the economist hates wealth taxes.
Okay, so wealth taxes are kind of indirectly on the cover of The Economist this week.
Don't buy it.
It's rubbish.
Watch this instead.
I don't normally read The Economist, but I have recently been interested in sort of what the intelligentsia are thinking about wealth taxes because they are currently the primary blocker of wealth taxes.
So I really wanted to know what The Economist was saying
I knew they were going to be anti-wealth taxes.
But I wanted to know, you can see there's Zach Polanski and Zohra Namdani on the front.
I wanted to know what the arguments they were giving were.
And I had to read, there's two articles in there about wealth taxes.
And I found the arguments given like incredibly, incredibly interesting.
All right, so yeah, there's two articles in there.
They don't really give much argument against wealth taxes, but I want to go through everything they say specifically about wealth taxes.
So the first thing they have is a very short sentence which says, wealth taxes would become confiscatory and deter innovation.
And then they refer to like a larger article at the back of the magazine.
And if you go to that larger article, to be honest, there's like almost nothing in it.
It just says the exact same thing.
The costs of deterring innovation are vast.
Showing 2781–2800 of 5,834 · page 140 of 292
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