Robert Reich & Larry Summers Debate Wealth Tax

Robert Reich & Larry Summers Debate Wealth Tax | That's Debatable

Рет қаралды 4,120

3 жыл бұрын

Former U.S. Secretary of Labor Robert Reich and former U.S. Treasury Secretary Lawrence H. Summers go head-to-head on the wealth tax, economic inequality, antitrust law, and financial regulation to create a fairer society.
Watch the full debate: • Is it Time to Redistri...
This episode of “That’s Debatable," is presented in partnership with Bloomberg Media and sponsored by IBM. Submit your argument for the next debate at ibm.com/debatable.
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Пікірлер: 43

@ilovetech8341 4 ай бұрын

The real root of the disparity is how technology creates a winner all take market. Just saying to tax it more isn't going to change anything.

@ChuckleHoneybear 9 ай бұрын

Robert for the W

@atmark666 3 жыл бұрын

how about MMT?

@arquilli1 3 жыл бұрын

Sad to see Robert Reich behaving like such a childish partisan on Twitter lately :/ used to like him

@chrisblatner31 3 жыл бұрын

Same. He's old white AOC now

@davidl5119 2 жыл бұрын

Do you want him to spout bullshit like Larry summers? Anything he says, turns out wrong

@patrickc3419 Жыл бұрын

@@chrisblatner31IKR???

@adriaan7590 3 жыл бұрын

Varoufakis is such an intellectual stronghold.

@ArthurDentZaphodBeeb Жыл бұрын

Robert's arguments are devastating when you see the data he uses.

@Fierysaint1 3 жыл бұрын

This argument is actually very simple: If you tax job creators they leave and take their jobs with them.

@bobwallace9753 3 жыл бұрын

Then other people can step in and replace them. Identify tax dodgers and refuse to do business with them.

@gilbert2097 3 жыл бұрын

Is that why so many US companies moved to China?

@Fierysaint1 3 жыл бұрын

@@gilbert2097 Yes, 100% right. Cheap labor, cheap taxes. Those businessmen don't hate America, they just want to run an efficient, money saving business. Keep their business tax low so they'll stay.

@Fierysaint1 3 жыл бұрын

@@bobwallace9753 They'll go somewhere else too if they're smart. And you can't force a business not to cross state lines, or force businessmen where to move or where to set up their business.

@gilbert2097 3 жыл бұрын

@@Fierysaint1 You know that with that policy you would loose all jobs to China, Africa and India?

@ronaldreagan-ik6hz 10 ай бұрын

Robert Reich is such a coward.

@jvgama 3 жыл бұрын

Robert Reich was much more persuasive in his first intervention, and Larry Summers did not address his arguments at all. I was expecting better from Larry Summers.