Chris Hayes Podcast With Gabriel Zucman | Why Is This Happening? – Ep 87 | MSNBC

Could a wealth tax help reduce the vast income and wealth inequality in the country? It’s an idea that not only has the backing of two Democratic primary frontrunners – Sen. Bernie Sanders and Sen. Elizabeth Warren – but also enjoys wide public support. So what would it look like to have a wealth tax, who would end up paying, and why is Wall Street freaking out about it? And how did we get to this level of wealth inequality to begin with? There’s no one better to answer all these questions than Gabriel Zucman, an expert economist who worked with both campaigns to develop their wealth tax proposals based on his years of research.» Subscribe to MSNBC:

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Chris Hayes Podcast With Gabriel Zucman | Why Is This Happening? – Ep 87 | MSNBC

23 comments

  1. Sounds like just the perfect person to have on today. Can’t wait to listen to the whole podcast.

    1. johnbeechy:. Florida is a good example of that. They only charge corporate taxes. None if they are exempt. No personal income tax, no State tax. No wonder Trump changed his address.

  2. Gabriel Zucman’s suggestion of ELIMINATION of the Property Tax is EXCELLENT even though, I would think, that, once most of a mortgage is paid off, the property owner could REFINANCE and thereby lower his Property Tax yet again.

  3. Americans take both Democracy, and a strong middle class, for granted. They are both disappearing at an alarming rate, right now. Going back to the days of kings, lords, & serfs.

  4. If you own your home, you are already paying a yearly wealth tax – your property taxes which are based on probably your largest store of money.

  5. Hasn’t this concept been utilized a few years ago by the British when they passed a “Confiscatory” Tax in order to bring into public domain the large estates of the semi-royalty. It certainly is not new.

  6. Wealth tax is not new – the founding fathers had the estate tax specifically to prevent an American aristocracy. Just sayin’…

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