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Is a wealth tax actually possible?

Gary Stevenson

185,398 subscribers

48,700 views • 11 months ago •via X (Twitter)

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I don’t think California’s wealth tax is a good idea.

I don’t think California’s wealth tax is a good idea.

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Kara Swisher claims that she just told off a billionaire for opposing a wealth tax. In 2022 Swisher actually did ask a billionaire about a wealth tax. Here's what Mark Cuban had to say about it. I guess Swisher wasn't as brave back then.

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The campaign for a Wealth Tax is growing from strength to strength. I was recently on Newsnight calling for a Wealth Tax as a fairer alternative to cuts. A 2% Wealth Tax on assets over £10 million could raise £24 BILLION a year. Let's keep campaigning until we get one!

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Richard Burgon MP

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The reason why we don't have a wealth tax, is because politicians don't want to make their donors sad. Watch me debunk anti-wealth tax myths 👇

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Why a 2% wealth tax?

Why a 2% wealth tax?

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A Capital Gains Tax on nominal gains = tax on wealth you never even made. How is that “fair”?

A Capital Gains Tax on nominal gains = tax on wealth you never even made. How is that “fair”?

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Why are the vast majority of Canadians complacent about a possible tax on your home equity ! This is all part of the perceived redistribution of wealth by the Carney government!

Why are the vast majority of Canadians complacent about a possible tax on your home equity ! This is all part of the perceived redistribution of wealth by the Carney government!

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65,377 views • 1 year ago

YOU are probably paying more in property tax than the owner of this £130,000,000 mansion this year. We need a new wealth tax. One that actually works. We need to REPLACE council tax and stamp duty with a proportional property tax.

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A wealth tax makes no sense

A wealth tax makes no sense

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California is making the same mistake that has already been tried in a few European countries. It always fails, the wealthy move, tax revenue declines. “California is now entertaining this wealth tax. Sweden finally learned their lesson when Sweden imposed wealth tax.” “So not a tax on your income, but a tax on how much you have had and saved. And all of the rich people left. Bjorn Borg left, the founder of IKEA left. They all left.” “And Sweden finally said, well, will you come back? And they got rid of the wealth tax.” “California is now entertaining this wealth tax. And it's a terrible idea.”

California is making the same mistake that has already been tried in a few European countries. It always fails, the wealthy move, tax revenue declines. “California is now entertaining this wealth tax. Sweden finally learned their lesson when Sweden imposed wealth tax.” “So not a tax on your income, but a tax on how much you have had and saved. And all of the rich people left. Bjorn Borg left, the founder of IKEA left. They all left.” “And Sweden finally said, well, will you come back? And they got rid of the wealth tax.” “California is now entertaining this wealth tax. And it's a terrible idea.”

Wall Street Mav

57,219 views • 3 months ago

It's time for a wealth tax on the super rich and a tax on excess profits. Those that say a wealth tax is too difficult are mistaken. We seem to be able to get workers to pay tax in a matter of weeks, the system is rigged and the country knows it. #WealthTax NOW! #Budget

It's time for a wealth tax on the super rich and a tax on excess profits. Those that say a wealth tax is too difficult are mistaken. We seem to be able to get workers to pay tax in a matter of weeks, the system is rigged and the country knows it. #WealthTax NOW! #Budget

Sharon Graham

222,124 views • 1 year ago

In🇬🇧the richest 1% now hold more wealth than the bottom 70%. Wages flat, wealth soaring. A mansion tax is a small start; a £10m+ wealth tax is better. But we need far bigger change to drive capital from speculation into tech, factories, homes, energy & infrastructure we need

In🇬🇧the richest 1% now hold more wealth than the bottom 70%. Wages flat, wealth soaring. A mansion tax is a small start; a £10m+ wealth tax is better. But we need far bigger change to drive capital from speculation into tech, factories, homes, energy & infrastructure we need

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Today I handed in my petition for a wealth tax, backed by over 80,000 people, to Downing Street. The campaign for a wealth tax is growing from strength to strength. Together, we will win this!

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Canada is not a resource colony for foreigners to extract wealth from. Impose a remittance tax.

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Democrats want a wealth tax to punish successful people? Before we can even have that discussion. The American people demand a political wealth tax of wealth accumulated by politicians while in office.

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The economist who billionaires fear, Gabriel Zucman: this is how we get a wealth tax

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