Garys Economics
Garys Economics
Gary Stevenson
Why does The Economist hate wealth taxes?
41 minutes Posted Jun 14, 2026 at 7:30 am.
The intelligentsia are going all-in against wealth taxes. Are they just trying to mislead us, or do they have valid criticisms? Get TAX WEALTH NOT WORK t-shirt and stickers – https://shop.garyseconomics.org/CHAPTERS
Intro
Are we a meritocracy or an inheritocracy?
Inheritance tax vs wealth tax
Would it deter innovation?
Taxing the most productive people
The Economist’s integrity
What our intellectual elites think
Confused or misleading?
They are trying to distract you
Why journalists bat for billionaires
If you have less than £10m listen to this
Wealth taxes are NOT far-left
We need the intellectual classes
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41:30
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Show notes
The intelligentsia are going all-in against wealth taxes. Are they just trying to mislead us, or do they have valid criticisms? Get TAX WEALTH NOT WORK t-shirt and stickers – https://shop.garyseconomics.org/CHAPTERS(00:00) Intro(00:55) Are we a meritocracy or an inheritocracy?(06:53) Inheritance tax vs wealth tax(12:27) Would it deter innovation?(18:52) Taxing the most productive people(21:07) The Economist’s integrity(22:21) What our intellectual elites think(25:40) Confused or misleading?(27:30) They are trying to distract you(28:42) Why journalists bat for billionaires(30:26) If you have less than £10m listen to this(34:47) Wealth taxes are NOT far-left(36:56) We need the intellectual classes(38:45) They are scared we’re going to WIN