Garys Economics
Garys Economics
Gary Stevenson
What would an HONEST debate about a wealth tax look like?
49 minutes Posted Jul 12, 2026 at 8:00 am.
TV and radio debates about wealth taxes usually get derailed by fear mongering and terrible statistics – often from people who are paid to defend the ultra rich. What would an honest debate about wealth inequality and taxing the rich more actually look like?LINKSMy Channel4 Documentary here.The Big Issue edition here.My website that explains What is Wealth and Inequality here.Video series: What is Wealth? here.Johnny Harris 'Oligarchy' video here.My Gabriel Zucman interview here.My video when Trump came in here.Interview with Krishnan Guru-Murthy last year here.CHAPTERS
Intro
How to discuss the wealth tax
What is wealth?
Is wealth inequality growing?
How does inequality affect the economy?
Should you care?
Why the media is so frustrating
Do we need a wealth tax?
Why some people dislike wealth taxes
How do you tax wealth more?
What are the real problems with wealth taxes?
We ALREADY value rich people’s assets
Wealth taxes bad for innovation?
It will take a long time to set up
If you tax them they will leave
Will foreign investment decline?
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Show notes
TV and radio debates about wealth taxes usually get derailed by fear mongering and terrible statistics – often from people who are paid to defend the ultra rich. What would an honest debate about wealth inequality and taxing the rich more actually look like?LINKSMy Channel4 Documentary here.The Big Issue edition here.My website that explains What is Wealth and Inequality here.Video series: What is Wealth? here.Johnny Harris 'Oligarchy' video here.My Gabriel Zucman interview here.My video when Trump came in here.Interview with Krishnan Guru-Murthy last year here.CHAPTERS(00:00) Intro(03:33) How to discuss the wealth tax(05:04) What is wealth?(05:51) Is wealth inequality growing?(13:30) How does inequality affect the economy?(16:59) Should you care?(22:02) Why the media is so frustrating(24:28) Do we need a wealth tax?(26:03) Why some people dislike wealth taxes(28:14) How do you tax wealth more?(34:06) What are the real problems with wealth taxes?(36:35) We ALREADY value rich people’s assets(38:35) Wealth taxes bad for innovation?(39:40) It will take a long time to set up(40:18) If you tax them they will leave(43:11) Will foreign investment decline?(45:49) UPDATE What is next for me and this channel?