Why The Economist hates wealth taxes.

Comments

• resipsaloquitur@lemmy.cafe ⁨3⁩ ⁨weeks⁩ ago

  Because economists aren’t scientists — they’re propaganda for the rich.

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  • username123@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    They’ll get real butthurt at the economics communities. You’re right, though.

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  • Rothe@piefed.social ⁨2⁩ ⁨weeks⁩ ago

    There are in fact no such thing as economic scientists.

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• gravitas_deficiency@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

  lol I mean… it’s * The Economist*

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  • schipelblorp@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago

    Servile Apologia for Your Wealthy Masters doesn’t have quite the same mass appeal as a title as The Economist does, does it?

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• FarraigePlaisteach@piefed.social ⁨3⁩ ⁨weeks⁩ ago

  I haven’t listened yet but I’m subscribed, so I will. Just to say that this guy is great. Gary Stephen’s.

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• shittydwarf@piefed.ca ⁨3⁩ ⁨weeks⁩ ago

  Give you one guess

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• HaiZhung@feddit.org ⁨2⁩ ⁨weeks⁩ ago

  Ngl I was kinda pumped to see Gary take on the economist after I posted it’s cover here.

  Great video as always.

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• Blue_Morpho@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

  I think if a wealth tax was implemented, it wouldn’t change anything. Trump would spend the extra money on new wars and bigger monuments to himself.

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  • nialv7@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

    ah yes. make the government terrible so people hate the government. then use this distrust to dismantle the public sector and privatize everything.

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    • Blue_Morpho@lemmy.world ⁨3⁩ ⁨weeks⁩ ago

      Yeah, that’s my point. It’s not the income that’s as much of a problem as the leadership.

      You need leaders willing to spend money on workers instead of owners.

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  • BrightCandle@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

    Wealth taxes aren’t really about raising more funds for government, they will but its not the goal. The problem is the wealthy have all this excess money and they are driving up the price of everything, houses especially but other assets too and taking wealth away from the rest of society. The goal of wealth taxes is to try and slow that process down, no one yet is talking about reversing it but we really should be because the level of inequality is unsustainable.

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    • Blue_Morpho@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      The problem is the wealthy have all this excess money and they are driving up the price of everything,

      Transferring $50B from Musk to Kuschner (Ivanka) doesn’t change this. Any excess tax money will go directly to Trump’s friends and family. He is already increasing the debt to it’s highest levels in history to do this. More money won’t change it.

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  • Sibshops@lemmy.myserv.one ⁨3⁩ ⁨weeks⁩ ago

    To be fair, the longest journey starts with a single step.

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    • Blue_Morpho@lemmy.world ⁨2⁩ ⁨weeks⁩ ago

      I’m pointing out that this is putting the cart before the horse. We need actual leftist politicians or it won’t do anything.

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