The case for taxing wealth, argument by argument.
This video argues that Covid-19 lockdowns, by preventing wealthy individuals from spending on luxuries, disrupted the circular flow of money, causing wealth to accumulate with the rich. Government-printed money, intended to substitute lost income for ordinary people, ultimately flowed to the wealthy, leading to increased inequality and subsequent inflation.
“raising taxes national insurance which raising taxes national insurance which is a tax only on workers which excludes is a tax only on workers which excludes th”
“why covert has increased in quality so why covert has increased in quality so why covert has increased in quality so badly right”
“the obvious way to deal with that is to the obvious way to deal with that is to tax this enormous amount of money tax this enormous amount of money”