CLEAN : Tax on assets of US billionaires would be 'historic': economist Gabriel Zucman

CLEAN : Tax on assets of US billionaires would be 'historic': economist Gabriel Zucman

Assessment

Interactive Video

Business, Social Studies

10th - 12th Grade

Hard

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The video discusses a proposed progressive tax targeting billionaires, focusing on unrealized capital gains. It explains how the tax would work, using Elon Musk as an example, and highlights the potential revenue it could generate. The video also addresses issues with the current tax system, such as low taxes on the wealthy and growing inequality. It explores the political landscape, noting some support in the Senate, and considers the global context, where other countries face similar challenges with billionaire wealth and tax rates.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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