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
Even if you believe that, the same would be true of inheritance taxes.
So I just...
I think it's so interesting and so revealing that in a system where we have aggressive taxes on profits, on work, on profitable investments, and we have no taxes on the hoarding of enormous amounts of wealth, where if you are going to make money, you're going to pay 50% of that on the way up.
The economist thinks that that is going to be less disincentivizing to you than the idea that if you become a billionaire, you might have to pay 2%.
It is honestly kind of beautiful.
It's so absurd.
There's two whole pages of this.
The only other argument that is really made against wealth taxes, there's just a lot of them trying to shit on Gabriel Zucman, really.
The only other arguments is that one, it's confiscatory.
Confiscatory, whatever that means.
If wealth taxes are confiscatory, are income taxes not confiscatory?
If wealth taxes are confiscatory, are inheritance taxes not confiscatory?
Once again, that is the nature of tax.
Tax is money that you make that you have to give to the government.
That's what tax is.
It's confiscatory.
That's the nature of tax.
It's a nonsense argument.
And the other argument they make, which is probably my favorite one, is seizing the assets of society's most productive people is a road to economic ruin.
We are building an economy here where the only way to have a house is to have a rich dad.
Showing 2921–2940 of 5,834 · page 147 of 292
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