Jules van Binsbergen

speaker

478 appearances 6 recordings 1 series first heard Jun 2026 last heard 13 Aug

Jules van Binsbergen’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 6 in all, peaking in Jul 2026 with 3.

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All Else Equal: Making Better Decisions · Ep78 “What’s Wrong With Taxing Billionaires More?” with Joshua Rauh · 18 Jun 2026 podcast

And I think that when our listeners hear these numbers, I think they will be quite shocked.

So for example, the top point one percent already pays double digits of the total tax revenue, something like 20% of the total tax revenue.

So one way to think about that is that if you're in the top point one percent, you pay taxes for 200 other people because

You pay 20% of the total tax revenue, even though you belong to the top point one percent.

If we go to the top 1% of the country, they in total pay 38.4% of the total taxes in the country.

The top 10% pays 71% of the total taxes.

And the top 50% pays 97% of the taxes in the country.

So the truth is

That would be the accurate statement.

But of course, I mean, different people will look at the data differently.

If you look at the data this way, I think it's very clear that the top pays a lot of taxes.

But I think that people want to make this statement like the rich people should pay their fair share.

But you know, as researchers, right, we always want to ask the key question with every research question, which says, What is the counterfeit?

Factual.

Tell me for how many people the top point one percent should pay their taxes before you're willing to say that they're paying their fair share.

Is paying taxes for 200 other people, is that your fair share?

Or how high should that number be before we are willing to say that they're paying their fair share?

But just to be clear, Jonathan, and just to also make sure that the other side is properly represented, there are definitely countries in the world where, because property rights are not properly protected and the country is very corrupt, where there are billionaires that didn't make their money in the way that you just said it.

But I think that many of the billionaires in California that are currently going to be taxed are exactly the type of people that you are.

Are describing, which are not the ones that got rich by stealing taxpayers' money or in some other way stealing, they're people that developed really good products.

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