The Hustle Daily Show cover image

What’s driving the debt crisis? with Ray Dalio

The Hustle Daily Show

00:00

Is a Billion Air Tax a Better Way to Tax Wealth?

i think that there needs to be a transfer of wealth, and that's going to have to come significantly from taxes. And so i think that it's inevitable that that would and should come. Now, the form of the tax is a different question. How does it work? If you have a wealth tax, let's say a billion are and you try to tax it,. There are technical problems with that, because how do you tax let's say, wealth? But in any case, we need that. Our generation, my generation, has borrowed a lot of money, and um, left the next generation, your generation, with a broken down infrastructure. We either better get stronger or

Play episode from 09:54
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app