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Tangle

The global wealth tax debate.

Tangle

Isaac Saul

International News, Politics, Election, Nonpartisan, Us Politics, Local News, News Commentary, Biden, Us Senate, Independent, Us News, Congress, Trump, News, Us House Of Representatives

4.8672 Ratings

🗓️ 7 May 2024

⏱️ 27 minutes

🧾️ Download transcript

Summary

A global wealth tax. Late last month, G20 ministers from Brazil, Germany, Spain, and South Africa signed a motion and published an opinion piece in The Guardian calling for a global tax of 2% on the world's 3,000 billionaires. The proposal is to raise roughly €250 billion (or $270 billion) a year to fight against global poverty, and has also been backed by the head of the International Monetary Fund.


You can read today's podcast⁠ ⁠⁠here⁠⁠⁠, our “Under the Radar” story ⁠here and today’s “Have a nice day” story ⁠here⁠.


You can watch our latest video, Isaac's interview with former Congressman Ken Buck (CO-04) ⁠here⁠.


Check the next episode of our new podcast series, The Undecideds. In episode 2, our undecided voters primarily talk about Trump’s legal troubles. How do they feel about his alleged crimes? How would him being convicted - or exonerated - change the way they vote? What about his claims he should have immunity as president? You’ll hear how they consider these major themes of the race, and also what they made of Haley dropping out and Biden’s State of the Union Address. You can listen to Episode 2 ⁠⁠here.⁠⁠


Today’s clickables: Quick hits (1:07), Today’s story (3:10), Right’s take (5:41), Left’s take (9:16), Isaac’s take (13:04), Listener question (18:33), Under the Radar (21:23), Numbers (22:17), Have a nice day (23:33)


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Transcript

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0:00.0

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0:29.1

Conditions apply.

0:35.2

From executive producer Isaac Saul, this is Tangle.

0:40.7

This is Tangle.

1:00.4

Good morning, good afternoon and good evening, and welcome to the Tangle podcast, the place we get views from across the political spectrum, some independent thinking, and a little bit of my take.

1:07.4

I'm your host, Isaac Saul, and on today's episode, we're going to be talking about a global wealth tax.

1:12.0

Yep, that is something that is being proposed by some very important people right now.

1:16.9

We're going to break down exactly what happened, what the proposal is, what we know about it, and of course some arguments from the right and the left. So to break down this story,

1:22.7

we're going to bring in our trusty podcast producer and editor and now kind of my co-hosts here, John Law, and I'll be back

1:30.7

with my take and your questions answered.

1:40.4

Thank you, Isaac, and welcome, everybody. Here are today's quick hits. First up, Israel began its

1:45.9

operation in Gaza's southern city of Rafa yesterday, where Hamas's army battalions are stationed,

1:51.4

and more than one million Gazans are sheltering from the war. Israel struck less than 24

1:56.2

hours after warning 100,000 residents to evacuate. Hamas had accepted a ceasefire proposal drafted by Qatar and Egypt earlier on Monday,

2:04.6

but Israeli officials said it did not meet their conditions.

2:07.6

Number two, Columbia University announced that it was canceling its main commencement ceremony

2:12.6

due to campus safety concerns amid weeks of student protests over the war in Gaza.

2:22.6

Number three, a U.S. soldier who was stationed in South Korea was arrested in Russia over the weekend on charges of theft. The soldier traveled to Russia on his own between deployments,

2:27.1

U.S. officials said.

...

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