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The John Batchelor Show

#SCOTUS: Taxing unrealized wealth annually & What is to be done? Richard Epstein, Hoover

The John Batchelor Show

John Batchelor

Books, Society & Culture, News, Arts

4.52.8K Ratings

🗓️ 3 February 2023

⏱️ 17 minutes

🧾️ Download transcript

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#SCOTUS: Taxing unrealized wealth annually & What is to be done? Richard Epstein, Hoover
https://www.hoover.org/research/wealth-tax-poor-idea


Transcript

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0:00.0

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0:02.0

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0:13.0

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0:22.0

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0:27.0

Lloydsbank by your side.

0:57.0

We'll continue for a new administration.

1:00.0

However, as I learned from Professor Richard Epstein, a senior fellow at the Hoover Institution,

1:05.0

teaches law at NYU in the University of Chicago, writing it to finding ideas.

1:10.0

The fact that the wealth tax on the national level has been postponed for another day

1:14.0

does not mean that states, in particular, California Connecticut, Hawaii, Illinois, Maryland, New York, and Washington,

1:21.0

cannot propose and act upon a wealth tax for their citizens.

1:26.0

Richard, a very good evening to you.

1:28.0

Thank you for this.

1:29.0

What is the wealth tax that is in debate?

1:32.0

And how does it connect to what we understand to be how taxes have been charged here to form in the United States?

1:40.0

Good evening to you.

1:41.0

Yeah, well, it turns out this question is more complicated than you might think.

1:45.0

There are various gradations in the way in which people think about tax.

1:49.0

Let me start with the most severe and then work down to schemes that are very destructive, but perhaps a bit less self.

...

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