Gabriel Zucman
The Reformer
Changing the system from inside it, principle turned into change.
Gabriel Zucman is a prominent economist known for his work on tax evasion and wealth taxation. This interview highlights his commitment to reforming tax systems to create a more equitable society, showcasing his ability to challenge existing structures and propose innovative solutions.
“Sentimillionaire. It's just such an unlikely event. We're talking about a 0.0001% chance that you are going to have such success that nobody age 20, 25 thinks about this. It's just not relevant.”
“A good question. So, first of all, the proposal, just to make sure everybody understands. To create minimum tax for people who have more than 100 million pounds or dollars or euros in wealth so if you have more than 100 million pounds you should be paying a minimum amount of tax each and every year that's the basic proposal Mentioned the…”
“Okay, so how much money are we talking about? So first of all, there is a great deal of opacity and the wealth of the super rich. So you have to be careful. It's difficult to have a pretty precise estimate. There's a margin of error. The estimates that we have are based on the Sunday Times magazine rich list.”
“Not listed on the stock market, but not very complicated to value because we know how to value big companies. We look at how similar businesses that are listed on the stock market are valued by the stock market. And let me just finish by saying that, of course, there is a bit more than that.”
The Rest Is Politics: Leading — 197. The Billionaire Tax Debate (Gabriel Zucman)
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