Economist Gabriel Zucman on the Benefits of a Modest Billionaire Tax

[HPP] Emmanuel SaezJuly 25, 20251h 14min

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The Problem of Wealth Inequality

📊 Progressive taxation is a crucial pillar for modern democracies, strengthening social cohesion, funding public services, and keeping wealth concentration in check.
📉 Current tax systems, particularly in Europe and the U.S., exhibit a **

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Progressive TaxationWealth InequalityBillionaire TaxGlobal Minimum TaxEffective Tax RateTax AvoidanceHolding CompaniesCapital GainsWealth ConcentrationG20Extraterritorial TaxationTax CompetitionWealth ValuationProperty TaxIncome Tax

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