French Economist Gabriel Zucman discusses his proposal for a global minimum tax on billionaires, facing challenges with major G20 nations. The idea of a 2% annual wealth tax on individuals with assets over $1 billion is explored.

Economist Gabriel Zucman advocates for a global tax on the super-rich at the G20. The podcast delves into the feasibility and methods of implementing such a tax. They also discuss the commercial real estate crisis and the future of liberal democracy.

The podcast delves into the world of tax havens, uncovering the astonishing amount of unreported wealth hidden in offshore banking systems. Economist Gabriel Zucman's calculations reveal a significant global wealth discrepancy, with at least eight percent of the world's wealth illegally undisclosed. The episode explores the evolution and controversies of tax havens, discussing legal tax strategies versus fraudulent practices, and sheds light on the impact of offshore wealth on global tax revenues, particularly in developing nations.