Steph McGovern

Yeah.

So they can play the system on that front.

you were to do this all of these people would relocate elsewhere and would also stop investing in the uk yeah that's the central question and so we're delighted to say that this year the rest is money is powered by octopus energy and we've got greg here greg good to see you so oil prices are very volatile if they stay like that what can we do to protect the uk economy

Nice one, Greg.

Thanks for explaining that.

Right, we're going to go to the episode.

Hello and welcome to The Rest Is Money with me, Steph McGovern.

So today we are going to talk about how we get more money out of rich people.

in particular billionaires.

We've got a brilliant, prominent French-American economist with us, Gabriel Zucman.

He's known around the world for his expert research on wealth inequality, tax havens, corporate tax evasions.

And he's got, I mean, he's someone who influences global policy decisions, isn't he?

He's a big name in terms of how we tax rich people.

Gabriel, lovely to have you here.

You've done so much fascinating work on billionaires.

Can you tell us a bit about how many there are in the world, what kind of people they are?

Paint that picture of who the billionaires are.

But how did he get money out then?

But with someone like Bezos, if you're saying that he didn't take an income, he didn't take dividends, how did he then, where did the money come from in terms of how he could still spend loads of money and have loads of money?

But then if you borrow money, you have to pay interest, but assume the interest is less than what you would pay in tax is what you're saying.