What questions do you have about taxing the super-rich? Help contribute to our upcoming video.
By now, 'tax the rich’ is a familiar slogan. And it makes sense, a tax on the growth in extreme wealth held by individuals and corporations in the UK, for example, could generate significant funds. One study suggests a global levy on the top 0.5% could raise about $2.1tn – roughly 7% of national budgets – with the UK alone bringing in around $31bn a year. That revenue could be transformative if used to fund the health, education, affordable housing, climate resilience, and long-term care. So why hasn’t it happened?
In this new discussion series, we’re on a mission to untangle confusing everyday topics by speaking directly with experts and asking the questions people actually have. In an upcoming episode, we’re turning our attention to wealth tax.
What have you always wondered about how a potential wealth tax would work, and why it hasn't happened yet? Your responses will help guide our research and may be answered by our guest expert in our video. Join the conversation by leaving your questions below.
It's Complicated
What questions do you have about taxing the super-rich? Help contribute to our upcoming video.
By now, 'tax the rich’ is a familiar slogan. And it makes sense, a tax on the growth in extreme wealth held by individuals and corporations in the UK, for example, could generate significant funds. One study suggests a global levy on the top 0.5% could raise about $2.1tn – roughly 7% of national budgets – with the UK alone bringing in around $31bn a year. That revenue could be transformative if used to fund the health, education, affordable housing, climate resilience, and long-term care. So why hasn’t it happened?
In this new discussion series, we’re on a mission to untangle confusing everyday topics by speaking directly with experts and asking the questions people actually have. In an upcoming episode, we’re turning our attention to wealth tax.
What have you always wondered about how a potential wealth tax would work, and why it hasn't happened yet? Your responses will help guide our research and may be answered by our guest expert in our video. Join the conversation by leaving your questions below.
3 months ago | [YT] | 38