UNLOCKED Betting Against the Future: the economics of inequality w/ Gary Stevenson
Macrodose
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The Problem With Taxing the Rich
If you're a Rishi Sunak, net worth £700 million, he will make every single year £20, £30 million for getting out of bed. But if you don't tax him, what's he going to do? You've got these resources that were in their hands. It's never been put into the government, let's say. So what do you do then? I'm going to chuck an idea out there just to be provocative. If you were to tax the rich hundreds of billions of pounds and you were to just destroy the money, you would massively improve the living conditions for ordinary people. Because we have just seen that experiment in reverse, right? We've
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