An independent wealth commission here in the u k. concluded it was just too practically difficult to do an annual, recurring wealth tax because of the nature of people's assets. The abbot lindsey: I think if we're capable of helping bazos get to outer space,. We are capable of overcoming the practicality of taxation. So both wealth taxes and payment ratios.
Reportedly the planet's richest person, multibillionaire Elon Musk is currently seeking to buy the World's online public square, Twitter. Should billionaires be able to buy so much influence? For this week's Sunday Debate we revisit a discussion from 2021 investigating just that, when we invited Professor Linsey McGoey of Essex University and Ryan Bourne of the Cato Institute go head to head on whether society should tolerate the existence of billionaires. The debate was chaired by Economics Editor at BBC Newsnight, Ben Chu.
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