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How billionaires get away with paying less tax than you

Economy
Global
Started May 23, 2026

As billionaire wealth soars to unprecedented heights, calls to “tax the rich” are getting louder across the world. But while politicians on the left often champion wealth taxes, governments have repeatedly struggled to make them work in practice. So why have they failed? And could that finally be changing? This Friday, Lewis is joined by French economist Gabriel Zucman, the architect of the so-called “Zucman Tax” and one of the most influential voices in the global debate on inequality. Drawi...

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CLAIM Posted by will • May 23, 2026
Governments must find innovative solutions to enforce wealth taxes effectively and hold the wealthy accountable.
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CLAIM Posted by will • May 23, 2026
The failure of wealth taxes in the past suggests that political will alone cannot solve the issue of tax inequality.
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CLAIM Posted by will • May 23, 2026
Implementing wealth taxes is impractical and could stifle investment, ultimately harming the economy.
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CLAIM Posted by will • May 23, 2026
While billionaires may pay less tax, the focus should be on comprehensive tax reform rather than solely targeting wealth.
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CLAIM Posted by will • May 23, 2026
Wealth taxes are essential to address income inequality and ensure billionaires contribute fairly to society.
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