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How to actually tax extreme wealth (ft. Gabriel Zucman)

Economist Gabriel Zucman

Jeff Bezos says raising his taxes is pointless. Now, he's partly right. Bezos has gotten away with paying no income tax in some years, so technically doubling that wouldn't help.

That's why we need a wealth tax that even the slipperiest of billionaires can't wriggle their way out of. That's what my colleague, economist Gabriel Zucman, is proposing.

Listen above or watch below.

How to Actually Tax Extreme Wealth (ft. Gabriel Zucman)

Robert B. Reich is Professor of Public Policy emeritus at the Goldman School of Public Policy at the University of California, Berkeley. He has served in three national administrations, including as secretary of labor under President Bill Clinton, for which Time Magazine named him one of the ten most effective cabinet secretaries of the twentieth century.