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 · last 12 months

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

For example, if you ask the question in Steve Jobs, does he deserve to be a billionaire?

And if you think about the consumer surplus that he delivered to many people and how many people in the world are using the products that by the way, before he returned to

to Apple, Apple wasn't making after he returned to Apple, those products were being made, then you need to ask the question, doesn't he deserve to be a billionaire?

And why should you be taxing that?

And particularly that's the type of talent that we should protect and try to keep in the country and in the state.

And Jonathan, here again, I think that what I don't understand about this discussion time after time is that if we just change the context of the problem a tiny little bit.

Everybody understands that this is never going to work.

If you say that in the basketball team, Michael Jordan's millions need to be taxed so that every single player in the team would make exactly the same because it's unfair that he's making a lot, even though if he would move to another team, then he gets to keep his millions.

Nobody is in any doubt that it's would be an extraordinarily bad idea.

To take all of Michael Jordan's money in this team.

So if we think of our country as a team, don't you want to keep your star athletes and make sure that they keep playing for your team so that you keep winning?

And so for some reason, it's very difficult for people to view the problem this way rather than the way of, oh, we should just take these billions because then we can do something better with it than what these billionaires would do with it.

But I'm not even sure there's any evidence that.

Anything better with that money is being done because these billionaires are creating companies.

I think there's also a very important cultural thing here, Jonathan, that we have to take into account, and that is a healthy culture.

is able to admire its stars.

It is not so envious of its stars that it wants to take them down and

And so again, in the sports analogy, nobody has a problem with admiring the stars.

They're motivating to other people.

Why can we not view these people as stars that should be admired and should be mimicked and should be aspired to?

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